Economics
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Controlled Commerce: The March of a New Global Economic Order
Washington, Beijing, and Brussels are all moving toward state-managed commerce and geopolitical trade blocs. The recent US-China summit accelerates the shift.
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Ted Turner Had Many Passions, Especially Population Control
Turner was a fervent neo-Malthusian who donated vast sums to the UN and family planning organizations to curb “overpopulation.”
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After Nudging: The Rise and Fall of a Behavioral Economics Fad
In “It’s On You,” Nick Chater and George Loewenstein turn from advocates of “nudging,” subtle policy efforts to shape behavior without coercion, to critics who see it as ineffective and misleading.
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Hayek’s Dilemma: How Much State Can Liberty Survive?
Even among “sincere friends of freedom,” disagreement over government’s role runs deep. Can a state be big enough to defend liberty without also violating it?
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Business Conditions Monthly February 2026
Forward-looking indicators are weakening, coincident data are softening, and only lagging measures still reflect past strength. February’s BCM suggests the economy is losing momentum.
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Progressive Taxes May Discourage the Most Productive Work
A real-world example shows taxes eat into marginal income, steering workers toward lower-paying, but more pleasant, jobs.
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Bootleggers, Baptists, and Others Who Benefit From Tax Complexity
Moral advocates and special interests engineer the tax code to reward those best equipped to navigate complex rules.
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Chicago’s Hotel Tax Gamble: Raising Prices to Attract Tourists
By hiking its hotel tax to 19 percent, Chicago is funding marketing meant to draw visitors — but higher costs are likely to deter the very tourists it hopes to attract.
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Adam Smith’s Three Steps to Prosperity
Specialization fuels economic development, but institutions matter. What constrains trade from producing more value?
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Interest Rate Caps Keep Coming Back — Bastiat Explained Why They Fail
Capital loaned out can’t be invested or consumed. Interest compensating the lender is merely “the price of time.”
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•
Controlled Commerce: The March of a New Global Economic Order
Washington, Beijing, and Brussels are all moving toward state-managed commerce and geopolitical trade blocs. The recent US-China summit accelerates the shift.
-
•
Ted Turner Had Many Passions, Especially Population Control
Turner was a fervent neo-Malthusian who donated vast sums to the UN and family planning organizations to curb “overpopulation.”
-
•
After Nudging: The Rise and Fall of a Behavioral Economics Fad
In “It’s On You,” Nick Chater and George Loewenstein turn from advocates of “nudging,” subtle policy efforts to shape behavior without coercion, to critics who see it as ineffective and misleading.
-
•
Hayek’s Dilemma: How Much State Can Liberty Survive?
Even among “sincere friends of freedom,” disagreement over government’s role runs deep. Can a state be big enough to defend liberty without also violating it?
-
•
Business Conditions Monthly February 2026
Forward-looking indicators are weakening, coincident data are softening, and only lagging measures still reflect past strength. February’s BCM suggests the economy is losing momentum.
-
•
Progressive Taxes May Discourage the Most Productive Work
A real-world example shows taxes eat into marginal income, steering workers toward lower-paying, but more pleasant, jobs.
-
•
Bootleggers, Baptists, and Others Who Benefit From Tax Complexity
Moral advocates and special interests engineer the tax code to reward those best equipped to navigate complex rules.
-
•
Chicago’s Hotel Tax Gamble: Raising Prices to Attract Tourists
By hiking its hotel tax to 19 percent, Chicago is funding marketing meant to draw visitors — but higher costs are likely to deter the very tourists it hopes to attract.
-
•
Adam Smith’s Three Steps to Prosperity
Specialization fuels economic development, but institutions matter. What constrains trade from producing more value?
-
•
Interest Rate Caps Keep Coming Back — Bastiat Explained Why They Fail
Capital loaned out can’t be invested or consumed. Interest compensating the lender is merely “the price of time.”