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How Trump’s tariffs hurt Michigan industry

“President Donald Trump’s continued embrace of tariffs spells danger for Michigan,” says Tyler Groenendal in an op-ed for the Detroit Times. Groenendal, the foundation relations coordinator at the Acton Institute, says though Trump is noted for his “America First” refrain, his call for tariffs will ultimately hurt America the most: Michigan is particularly vulnerable to the consequences of protectionism. Continue Reading...

5 Facts about hurricanes

Hurricane Florence has struck the Carolinas, dumping massive amounts of rain that could trigger catastrophic floods inland. Here are five facts you should know about these types of deadly storms: 1. Continue Reading...

Post-industrial economics: Studying human action in an age of intangibles

As society completes its transition into the Age of Information, economists are struggling to identify the drivers and develop their predictive models accordingly. Alas, as businesses continue to grow and evolve more rapidly, and as the corresponding systems continue to increase in complexity, many economists still view individuals and businesses as mostly static and reactionary. Continue Reading...

Hurricanes lead to broken windows—and broken window fallacies

Hurricanes always leave two things in their aftermath: broken windows and articles endorsing the broken window fallacy. As economist Don Boudreaux wrote six years ago, “Americans will soon be flooded by commentary that assures us that the silver lining around the destruction caused by hurricane Sandy is a stronger economy. Continue Reading...

Look to the Dutch for true educational pluralism

“During the seven-decade political struggle in the Netherlands to allow parents to select schools corresponding to their religious convictions, Abraham Kuyper articulated a concept of “sphere sovereignty” that translates, in policy terms, into principled structural pluralism,” says Charles L. Continue Reading...