Books & History
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Nostalgianomics, or Economic Amnesia?
Hazy dreams of an economic or social golden age contrast with a diagnosis that something in America has broken. But has it?
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The Steep Price of Declining Civility
Alexandra Hudson’s ‘The Soul of Civility’ reminds us that our everyday moral habits shape not just personal character, but the very health of civilization.
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Regime Uncertainty and Market Uncertainty
When political rhetoric or fiscal policies threaten property rights or increase instability, private investors tend to withdraw.
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When Pol Pot Read a Book on Marx
Pol Pot was a well-meaning monster, an idealistic revolutionary who studied in Paris and believed he could purify Cambodia. He wanted to build a better world for the poor — even if millions had to die.
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Nixon to Now: How the Kitchen Debate Came Home
The recent wave of protectionism is not about efficiency or economic growth. It’s about national control — about engineering particular outcomes.
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Central Banks Forgot What Drives Inflation —Tim Congdon Didn’t
Tim Congdon’s ‘The Quantity Theory of Money: A New Restatement’ is a crucial contribution to economic thought.
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Can the Constitution Survive the Age of Rousseau?
The future of America will not ultimately be decided by our formal constitution, but by small choices in human hearts and daily lives.
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Was Reagan a Protectionist?
To head off the slippery slope of protectionist interventions, Reagan convinced Japan to voluntarily limit auto imports.
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Busting the NAFTA Myth: US Exports Soared After the Trade Agreement
Free trade has allowed us to purchase low-cost products from overseas, focusing employment in high-paying sectors where we enjoy a comparative advantage.
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Science and Liberty: Social Physics from Comte to Samuelson
Gaining success in unlocking the secrets of science, many have sought to engineer human ethics to produce a preferred outcome. The actual outcome of such human manipulation is, inevitably, disaster.
-
•
Nostalgianomics, or Economic Amnesia?
Hazy dreams of an economic or social golden age contrast with a diagnosis that something in America has broken. But has it?
-
•
The Steep Price of Declining Civility
Alexandra Hudson’s ‘The Soul of Civility’ reminds us that our everyday moral habits shape not just personal character, but the very health of civilization.
-
•
Regime Uncertainty and Market Uncertainty
When political rhetoric or fiscal policies threaten property rights or increase instability, private investors tend to withdraw.
-
•
When Pol Pot Read a Book on Marx
Pol Pot was a well-meaning monster, an idealistic revolutionary who studied in Paris and believed he could purify Cambodia. He wanted to build a better world for the poor — even if millions had to die.
-
•
Nixon to Now: How the Kitchen Debate Came Home
The recent wave of protectionism is not about efficiency or economic growth. It’s about national control — about engineering particular outcomes.
-
•
Central Banks Forgot What Drives Inflation —Tim Congdon Didn’t
Tim Congdon’s ‘The Quantity Theory of Money: A New Restatement’ is a crucial contribution to economic thought.
-
•
Can the Constitution Survive the Age of Rousseau?
The future of America will not ultimately be decided by our formal constitution, but by small choices in human hearts and daily lives.
-
•
Was Reagan a Protectionist?
To head off the slippery slope of protectionist interventions, Reagan convinced Japan to voluntarily limit auto imports.
-
•
Busting the NAFTA Myth: US Exports Soared After the Trade Agreement
Free trade has allowed us to purchase low-cost products from overseas, focusing employment in high-paying sectors where we enjoy a comparative advantage.
-
•
Science and Liberty: Social Physics from Comte to Samuelson
Gaining success in unlocking the secrets of science, many have sought to engineer human ethics to produce a preferred outcome. The actual outcome of such human manipulation is, inevitably, disaster.