Economic History
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The Monroe Doctrine Turns 200
“The Monroe Doctrine sought to express the consensus of American sentiment about its view of its place in the world. Americans wanted to limit involvement with the politics and factious belligerence of Europe.” ~Will Sellers
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What if the First Great Age of Globalization Began 100 Years Earlier?
“Given that the first era of globalization is tied in the imagination of many to rising and converging living standards, this argument amounts to saying that living standards could have surged earlier had free trade been more popular.” ~Vincent Geloso
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Why Ordinary People Enable Totalitarians, Part 1
“After the First World War in Germany, peace came with hyperinflation, which obliterated all wealth. The bonds of civilization fray during hyperinflation.” ~Barry Brownstein
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What Might Have Been
“Wasteful uses of resources necessarily result in some economic opportunities that are possible being rendered impossible. What were these foregone opportunities?” ~Donald J. Boudreaux
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Frank Capra’s Timeless Vision of American Exceptionalism
“Each film contains a large dose of middle-American values magnified time and again against the traps and situations of a complicated impregnable bureaucratic world. And in each case, the little guy wins.” ~Will Sellers
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The Jobs You Don’t Want to Be Destroyed By Trade Were Created By Trade
“By keeping prices down, and outputs and product varieties up, trade makes every dollar earned go further.” ~Donald J. Boudreaux
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College History Textbooks spread Misinformation about the Great Depression
“US history instruction, including at the college level, is badly out of sync with the scholarly literature on the Great Depression. History textbooks show little cognizance of the leading economic explanations for this famous event.” ~Phil W. Magness
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Gobbledegook! The Bretton Woods System of Fixed Exchange Rates According to E.C. Harwood
“In 1954, Harwood testified in the US Senate about the ‘advantages of returning to the full gold standard with the nation’s currency redeemable in gold coin on demand,’ as it had been throughout most of the nation’s history before the New Deal.” ~Robert E. Wright
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The Original MAGA: Tariffs, Trade, and the True Cost of Protectionism
In this episode of Liberty Curious, Kate Wand sat down with Phillip W. Magness to discuss the true implications of tariffs and protectionism and how they have shaped America’s economic landscape.
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What is a Pencil?
“The spontaneous order produced in a market or, in this case, the outcome of a market process that standardizes what a pencil means, is only defined as the process unfolds.” ~Byron B. Carson III
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•
The Monroe Doctrine Turns 200
“The Monroe Doctrine sought to express the consensus of American sentiment about its view of its place in the world. Americans wanted to limit involvement with the politics and factious belligerence of Europe.” ~Will Sellers
-
•
What if the First Great Age of Globalization Began 100 Years Earlier?
“Given that the first era of globalization is tied in the imagination of many to rising and converging living standards, this argument amounts to saying that living standards could have surged earlier had free trade been more popular.” ~Vincent Geloso
-
•
Why Ordinary People Enable Totalitarians, Part 1
“After the First World War in Germany, peace came with hyperinflation, which obliterated all wealth. The bonds of civilization fray during hyperinflation.” ~Barry Brownstein
-
•
What Might Have Been
“Wasteful uses of resources necessarily result in some economic opportunities that are possible being rendered impossible. What were these foregone opportunities?” ~Donald J. Boudreaux
-
•
Frank Capra’s Timeless Vision of American Exceptionalism
“Each film contains a large dose of middle-American values magnified time and again against the traps and situations of a complicated impregnable bureaucratic world. And in each case, the little guy wins.” ~Will Sellers
-
•
The Jobs You Don’t Want to Be Destroyed By Trade Were Created By Trade
“By keeping prices down, and outputs and product varieties up, trade makes every dollar earned go further.” ~Donald J. Boudreaux
-
•
College History Textbooks spread Misinformation about the Great Depression
“US history instruction, including at the college level, is badly out of sync with the scholarly literature on the Great Depression. History textbooks show little cognizance of the leading economic explanations for this famous event.” ~Phil W. Magness
-
•
Gobbledegook! The Bretton Woods System of Fixed Exchange Rates According to E.C. Harwood
“In 1954, Harwood testified in the US Senate about the ‘advantages of returning to the full gold standard with the nation’s currency redeemable in gold coin on demand,’ as it had been throughout most of the nation’s history before the New Deal.” ~Robert E. Wright
-
•
The Original MAGA: Tariffs, Trade, and the True Cost of Protectionism
In this episode of Liberty Curious, Kate Wand sat down with Phillip W. Magness to discuss the true implications of tariffs and protectionism and how they have shaped America’s economic landscape.
-
•
What is a Pencil?
“The spontaneous order produced in a market or, in this case, the outcome of a market process that standardizes what a pencil means, is only defined as the process unfolds.” ~Byron B. Carson III