By Richard M. Ebeling When most people put on their “reality” hats about politics, there are few among them who do not cynically see the power-lusting, the corruption, and the hypocrisy in most of what is said and done by those running for or sitting in political office. A constant point of dispute and disagreement is over how and why it is that governments have this … [Read more...] about Don’t Confuse Free Markets with the Interventionist State
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