Economics

December 16, 2021

Inflation is real and we’re experiencing the costs and consequences

Generally, the topic of inflation is considered dry and uninteresting, but it is one that has garnered much attention and debate over the past year. There are competing narratives as to what inflation is and why it matters, and even whether the U.S. Continue Reading...

December 13, 2021

The social responsibility of business is still to its business

Most people have intuitions about moral issues of consequence, but we often find it difficult to put these intuitions into words. Something seems to us to be right or wrong, but we struggle to express our ideas accurately and to explain why our intuitions are reasonable and compelling. Continue Reading...

December 07, 2021

The problem of the atheist economist

There is much in the classical liberal economist that I find attractive. By classical liberal, I do not mean the sort of political liberalism that defaults to certain presumptions of big government. Continue Reading...

December 02, 2021

Give thanks for economic efficiency

I have never been to an event or cocktail party where raising the issue of economic efficiency engendered a particularly emotional discussion or any level of enthusiasm. I have never been to a Thanksgiving dinner table where someone gave thanks for GDP growth. Continue Reading...

November 08, 2021

How China’s communist regime will outlast the USSR’s

The collapse of the Soviet Union 74 years after the Bolshevik revolution was supposed to herald the end of communism. Yet the People’s Republic of China lives on, 72 years after Mao Zedong famously proclaimed the founding of the PRC in Beijing. Continue Reading...

November 06, 2021

Despite displays of strength, China has key weaknesses

The recent announcement that China had tested something akin to a Fractional Orbital Bombardment System, which is launched into space and then orbits the globe before discharging a missile at its target, underscored yet again that America and its allies have serious grounds to be worried about China. Continue Reading...

October 26, 2021

Beyond material prosperity, economic freedom fosters virtue and relationship

In defending the cause of economic freedom, it can be easy to focus only on the material fruits, whether it be new innovations and efficiencies or the ongoing expansion of opportunity and abundance. Continue Reading...

October 16, 2021

Constitution protects nonprofits despite political activism

A healthy state protects life, secures liberty, and defends property. A totalitarian state does the opposite: it arbitrarily kills, compels, and seizes property. J. D. Vance recently appeared on Fox News with Tucker Carlson to discuss a verbal altercation between Arizona State University students, one of whom was the recipient of a Ford Foundation fellowship. Continue Reading...

October 15, 2021

Privilege and price controls make USPS too big to fail

The United States Postal Service (USPS) has come under criticism for extending first-class delivery times as part of Postmaster General Louis DeJoy’s 10-year plan to revitalize the agency. According to Tyler Powell and David Wessel at Brookings, “The USPS has operated at a loss since 2007.” Continue Reading...

October 12, 2021

The current labor crisis started before the pandemic and has much to teach us

The United States is facing a labor shortage of epic proportions. With over 10 million jobs currently available and almost 9 million available workers waiting on the sidelines, “the U.S. now has more job openings than any time in history,” according to NBC News. Continue Reading...

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