Daily Economy
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Actually, We Could Just Flip the Switch
Such a law would ensure that every regulation was scrutinized at least once every twenty years and automatically eliminate all those that no agency thought important enough to subject to review.
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The Times’s Editorial Page Lies with Statistics
When debating tax policy it is important to use empirical evidence to inform the discussion of what rates the top earners currently pay and what rates we would like them to pay, or if a rate change is even warranted at all.
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There Need Not Be a Great Confrontation with China
American businesses plainly see in China what the chattering classes don’t.
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Five Myths Propagated by Local-Food Activists
By promoting the increased production of local food that does not offer a compelling quality/price ratio while shunning modern production and processing technologies, activists ensured that our food supply would become more expensive, environmentally damaging, and hazardous to our health .
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The Birth of the Deep State: A History
The Pendleton Civil Service Reform Act (1883) created a merit-based system of examinations and other requirements, and a salaried class of government employees.
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The Struggle to Get Education Away from the State
Education reform is a perennial hot-button issue, with teachers’ unions like the American Federation of Teachers and the National Education Association spending vast sums to elect their preferred candidates and lobby them for reforms they find favorable. Interest in free-market alternatives to government education has increased since the middle of the 1950s, when Milton Friedman…
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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.”
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Proof That Tariffs Flood the Swamp
Recently talking from the Senate floor, Senator Charles Grassley (R-IA) candidly acknowledged what most AIER readers have known for a long time: politicians are influenced by special interest groups, and, in many cases, this influence prevents them from doing the right thing. In this particular case, the senator revealed the great pushback he encountered when…
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The Dark History of Swedish Socialism (Video)
Everyone knows that socialism is newly fashionable as an idea and system. With that has come a certain level of whitewashing of the real history. I’m not just speaking of the totalitarian variety with its poverty, inflation, starvation, and mass death. It’s especially true of the kinder, gentler versions, which turn out to be not…
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The Wonderful Surprises of Comparative Advantage
Human society is permeated with comparative advantage. When each person specializes in performing that task, or small set of tasks, for which he or she has a comparative advantage — and then exchanges the fruits of this labor for goods and services produced by others — everyone who participates in this system of specialization and…
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•
Actually, We Could Just Flip the Switch
Such a law would ensure that every regulation was scrutinized at least once every twenty years and automatically eliminate all those that no agency thought important enough to subject to review.
-
•
The Times’s Editorial Page Lies with Statistics
When debating tax policy it is important to use empirical evidence to inform the discussion of what rates the top earners currently pay and what rates we would like them to pay, or if a rate change is even warranted at all.
-
•
There Need Not Be a Great Confrontation with China
American businesses plainly see in China what the chattering classes don’t.
-
•
Five Myths Propagated by Local-Food Activists
By promoting the increased production of local food that does not offer a compelling quality/price ratio while shunning modern production and processing technologies, activists ensured that our food supply would become more expensive, environmentally damaging, and hazardous to our health .
-
•
The Birth of the Deep State: A History
The Pendleton Civil Service Reform Act (1883) created a merit-based system of examinations and other requirements, and a salaried class of government employees.
-
•
The Struggle to Get Education Away from the State
Education reform is a perennial hot-button issue, with teachers’ unions like the American Federation of Teachers and the National Education Association spending vast sums to elect their preferred candidates and lobby them for reforms they find favorable. Interest in free-market alternatives to government education has increased since the middle of the 1950s, when Milton Friedman…
-
•
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.”
-
•
Proof That Tariffs Flood the Swamp
Recently talking from the Senate floor, Senator Charles Grassley (R-IA) candidly acknowledged what most AIER readers have known for a long time: politicians are influenced by special interest groups, and, in many cases, this influence prevents them from doing the right thing. In this particular case, the senator revealed the great pushback he encountered when…
-
•
The Dark History of Swedish Socialism (Video)
Everyone knows that socialism is newly fashionable as an idea and system. With that has come a certain level of whitewashing of the real history. I’m not just speaking of the totalitarian variety with its poverty, inflation, starvation, and mass death. It’s especially true of the kinder, gentler versions, which turn out to be not…
-
•
The Wonderful Surprises of Comparative Advantage
Human society is permeated with comparative advantage. When each person specializes in performing that task, or small set of tasks, for which he or she has a comparative advantage — and then exchanges the fruits of this labor for goods and services produced by others — everyone who participates in this system of specialization and…