By Mark J. Perry Three economists at the University of Chicago and the Federal Reserve Board studied the effects of Trump’s 2018 tariffs on imported washing machines in a new research paper titled “The Production, Relocation, and Price Effects of US Trade Policy: The Case of Washing Machines” and concluded that (italics added): Despite the increase in domestic production … [Read more...] about Trump’s Washing Machine Tariffs Cost Consumers $800,000 Per Job Created
By Titus Gebel [Titus Gebel's new book Free Private Cities: Making Governments Compete for You is now available in audio format on mises.org. Recently, we spoke with Mr. Gebel about some common objections to the idea of totally privatized cities existing side-by-side with states of today. See also: "Private Cities: A Model for a Truly Free Society?"] Mises Institute (MI): … [Read more...] about Can Free Private Cities Replace the State?
By Jeffrey A. Tucker We’re bombarded by endless kvetching about rising inequality, plus demands for draconian taxation to fix the problem. The complaint has been raging for years, despite highly suspect data claims and fuzzy measurement techniques. I’ve always had doubts that, even if true, it would even be a problem, simply because in a market-driven economic … [Read more...] about Wealth Has Never Been More Equal