Economics

December 07, 2021

The problem of the atheist economist

There is much in the classical liberal economist that I find attractive. By classical liberal, I do not mean the sort of political liberalism that defaults to certain presumptions of big government. Continue Reading...

December 02, 2021

Give thanks for economic efficiency

I have never been to an event or cocktail party where raising the issue of economic efficiency engendered a particularly emotional discussion or any level of enthusiasm. I have never been to a Thanksgiving dinner table where someone gave thanks for GDP growth. Continue Reading...

November 08, 2021

How China’s communist regime will outlast the USSR’s

The collapse of the Soviet Union 74 years after the Bolshevik revolution was supposed to herald the end of communism. Yet the People’s Republic of China lives on, 72 years after Mao Zedong famously proclaimed the founding of the PRC in Beijing. Continue Reading...

November 06, 2021

Despite displays of strength, China has key weaknesses

The recent announcement that China had tested something akin to a Fractional Orbital Bombardment System, which is launched into space and then orbits the globe before discharging a missile at its target, underscored yet again that America and its allies have serious grounds to be worried about China. Continue Reading...

October 26, 2021

Beyond material prosperity, economic freedom fosters virtue and relationship

In defending the cause of economic freedom, it can be easy to focus only on the material fruits, whether it be new innovations and efficiencies or the ongoing expansion of opportunity and abundance. Continue Reading...

October 16, 2021

Constitution protects nonprofits despite political activism

A healthy state protects life, secures liberty, and defends property. A totalitarian state does the opposite: it arbitrarily kills, compels, and seizes property. J. D. Vance recently appeared on Fox News with Tucker Carlson to discuss a verbal altercation between Arizona State University students, one of whom was the recipient of a Ford Foundation fellowship. Continue Reading...

October 15, 2021

Privilege and price controls make USPS too big to fail

The United States Postal Service (USPS) has come under criticism for extending first-class delivery times as part of Postmaster General Louis DeJoy’s 10-year plan to revitalize the agency. According to Tyler Powell and David Wessel at Brookings, “The USPS has operated at a loss since 2007.” Continue Reading...

October 12, 2021

The current labor crisis started before the pandemic and has much to teach us

The United States is facing a labor shortage of epic proportions. With over 10 million jobs currently available and almost 9 million available workers waiting on the sidelines, “the U.S. now has more job openings than any time in history,” according to NBC News. Continue Reading...

October 09, 2021

Rising to the challenges of ‘so-so automation’

Fears about job loss and human obsolescence continue to consume the cultural imagination, compounded by ongoing strides in artificial intelligence and machine learning. The job-killing robots are almost at the door, we are told, mere moments away from replacing the last traces of human inefficiency and heralding the dawn of a world without work. Continue Reading...

October 08, 2021

Hold internet companies responsible for content on their platforms, not just the government

Frances Haugen’s recent whistleblower testimony regarding Facebook will only stoke the fires of the battle heating up in courts and legislatures over provisions originally addressed in Rule 230 of the Communications Decency Act. Continue Reading...

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