Supply chains collapse, companies are facing bankruptcy, and mass unemployment ensues. Covid-19 has triggered a global financial crisis and is forcing states to develop rescue packages on a scale not seen before. In addition, the crisis has called into question the US dollar's hegemony and could redefine the global monetary system. A team of researchers from the Institute for … [Read more...] about How is COVID-19 Affecting the Global Economic Order?
By Bradley Thomas During the current coronavirus lockdown, I’d pay good money to see just one public official be asked: “How many lives are you willing to sacrifice to prevent one coronavirus death?” Thomas Sowell has repeatedly written that in a world of scarcity there are no solutions, only tradeoffs. The lockdown debate has thus far focused on that tradeoff as one … [Read more...] about How Many Lives Will Politicians Sacrifice in the Name of Fighting COVID-19?
Op-Ed by John Klyczek Democratic presidential candidates, such as Elizabeth Warren, have pledged to fix the American education system by replacing privatized charter schools with “community schools” that incorporate “socioemotional-learning (SEL)” programs. These “Democratic” community schools, which teach “social skills” and “emotional competencies,” might sound like … [Read more...] about Community Schools Are Not the Antidote to Charter Schools
By Ash Navabi Both economic decisions and political decisions involve choices and tradeoffs. The difference is that economic decisions are ultimately informed and rely upon monetary prices, revenues and costs. Political decisions, meanwhile, do not depend on market outcomes—they can be based on love, legacy, favors, or establishing power relations. Zoning is the practice … [Read more...] about The Economics and Politics of Zoning
By Matthew Bankert Many people wary of government power rightly criticize public schools for being more indoctrination than education. When the institution is fully dependent on the state for support, why would any ideas be put forth that could put their lifeblood in jeopardy? On education, Mises wrote in Human Action: …as soon as one wants to go farther [than elementary … [Read more...] about How School Districts Put Politics Before Children