Economic History
-
•
Japan’s Three Decades of Depressive Stimulus Schemes
“The U.S. and Japan are old welfare states that can’t afford what they’re doing; nonetheless, their politicians can’t seem to succeed electorally without persisting in their profligacy. Japan’s history signals the likely outcome for copycats: prolonged stagnation.” Richard M. Salsman
-
•
Letter from a Populist
“Populist beneficence — using funds taken from the populace via taxation and/or inflation — is a favorite tactic of authoritarian and “banana republic” governments the world over.” ~ Raymond Niles
-
•
Wait, So We Now Can’t Say ‘Human Capital’?
“How a casual reference to a common and widespread conceptual tool from economics can be contorted into a conspiratorial design for malice by persons who present themselves as intellectual elites but lack familiarity with the subjects of their frenzied imaginations.” ~ Phil Magness
-
•
The Guns of August: A Look Back at the Financial Shock of the Great War
“Many of the extraordinary policies we see governments wielding right now are not as unprecedented as some commentators may think.” ~ Joakim Book
-
•
Herbert Spencer on Equal Liberty and the Free Society
The world in which we presently live, unfortunately, demonstrates that we are still far from fully being those human beings developed in their character and senses of right and wrong to properly understand and defend our own freedom and that of others, as well.
-
•
The 100-Day Disaster that Befell America
It took only 100 days to asphyxiate the world economy and the suggestion of possible sickness to render a nation once characterized by rugged individualism, personal liberty, bravery and industry into house-bound milksops.
-
•
What Is the Macroeconomic Analog to Coronavirus Panic?
All leaders, not just generals, tend to fight the last “war.” All readers of Hayek know why: they feel compelled to promulgate a response but lack sufficient information to make optimal decisions.
-
•
Not Losing Sight of the Classical Liberal Ideal
We should be concerned with truth and validity, not the expediency of to what democratic public opinion seems to confine discussion of a free society at a moment in time.
-
•
New Ideas are the Key to Economic Development
For all our progress, it is important to remember that critics and regulators have still won a lot of battles. They could win more.
-
•
What’s the Difference Between Michael Burry and Alexander Fordyce?
Being correct about events in financial markets requires you to be qualitatively correct about the direction — the “what” — as well as financing your errors about the “when.”
-
•
Japan’s Three Decades of Depressive Stimulus Schemes
“The U.S. and Japan are old welfare states that can’t afford what they’re doing; nonetheless, their politicians can’t seem to succeed electorally without persisting in their profligacy. Japan’s history signals the likely outcome for copycats: prolonged stagnation.” Richard M. Salsman
-
•
Letter from a Populist
“Populist beneficence — using funds taken from the populace via taxation and/or inflation — is a favorite tactic of authoritarian and “banana republic” governments the world over.” ~ Raymond Niles
-
•
Wait, So We Now Can’t Say ‘Human Capital’?
“How a casual reference to a common and widespread conceptual tool from economics can be contorted into a conspiratorial design for malice by persons who present themselves as intellectual elites but lack familiarity with the subjects of their frenzied imaginations.” ~ Phil Magness
-
•
The Guns of August: A Look Back at the Financial Shock of the Great War
“Many of the extraordinary policies we see governments wielding right now are not as unprecedented as some commentators may think.” ~ Joakim Book
-
•
Herbert Spencer on Equal Liberty and the Free Society
The world in which we presently live, unfortunately, demonstrates that we are still far from fully being those human beings developed in their character and senses of right and wrong to properly understand and defend our own freedom and that of others, as well.
-
•
The 100-Day Disaster that Befell America
It took only 100 days to asphyxiate the world economy and the suggestion of possible sickness to render a nation once characterized by rugged individualism, personal liberty, bravery and industry into house-bound milksops.
-
•
What Is the Macroeconomic Analog to Coronavirus Panic?
All leaders, not just generals, tend to fight the last “war.” All readers of Hayek know why: they feel compelled to promulgate a response but lack sufficient information to make optimal decisions.
-
•
Not Losing Sight of the Classical Liberal Ideal
We should be concerned with truth and validity, not the expediency of to what democratic public opinion seems to confine discussion of a free society at a moment in time.
-
•
New Ideas are the Key to Economic Development
For all our progress, it is important to remember that critics and regulators have still won a lot of battles. They could win more.
-
•
What’s the Difference Between Michael Burry and Alexander Fordyce?
Being correct about events in financial markets requires you to be qualitatively correct about the direction — the “what” — as well as financing your errors about the “when.”