Month: December 2024

The political theorist Anthony de Jasay takes on the left‘s ideas of equality, and David Gordon is there to agree—and disagree. Jasay likens the left‘s view of equality to the Indian Rope Trick.

Original article: The Indian Rope Trick

While people who “prep” for disaster (called preppers) are ridiculed by political elites and their media, their actions are perfectly rational. In this article, economist Mark Thornton explains why prepping for natural disasters makes economic sense.

Original article: The Economics of Prepping

Using state power to enforce social orthodoxy is always a recipe for disaster. Radical Republican governments in the post-war South attempted to do just that, sowing seeds of hatred and discord in the process.

Original article: Lessons from Reconstruction

Tariffs don‘t just raise consumer prices. They also affect capital flows and, on numerous occasions, have triggered stock market crises. What tariffs don‘t bring is prosperity.

Original article: A Brief History of Tariffs and Stock Market Crises

The Fed lowers interest rates ostensibly to “stimulate” the economy. But while the Fed claims it is strengthening the economy, it actually weakens it through its easy-money policies.

Original article: Does the Fed’s Lowering the Interest Rates Strengthen Economic Growth?

For nearly 30 years, the Fed has pursued an easy-money policy that has made the economy increasingly dependent upon the next round of “stimulus.” Reversing that policy will mean, at least in the short run, a stiff recession before the economy rebounds, which is a non-starter today.

Original article: Markets Made of Glass—How the Fed Destroyed Economic Resilience

The darling of America‘s political elites, Ukrainian President Volodymyr Zelensky, now touts a “Five-Point Plan” that surely will extend the war and ultimately make his country even worse off. It is time to end this farce.

Original article: “Victory Plan” or Deadly Delusion? Zelensky’s Perilous Five-Point Plan