Latest Posts

The big ideas of trade

Note: This is post #31 in a weekly video series on basic microeconomics. Trade makes people better off, but how? In this video economist Tyler Cowen discuss the importance of specialization and division of knowledge, and how specialization leads to improvements in knowledge, which then lead to improvements in productivity. Continue Reading...

Religion & Liberty: Memory, justice and moral cleansing

The latest issue of Religion & Liberty is, among other things, a reflection on the 100-year anniversary of the Bolshevik Revolution and the horrors committed by Communist regimes. For the cover story, Religion & Liberty executive editor, John Couretas, interviews Mihail Neamţu, a leading conservative in Romania. Continue Reading...

Why it matters how ex-presidents make their money

The President of the United States makes an annual salary of $400,000 a year for doing one of the toughest jobs in the world. While the pay may seem relatively low compared to CEOs of major corporations, the real payoff for presidents comes once they exit the White House. Continue Reading...

Scottish independence: The road to ruin?

Nicola Sturgeon, First Minister of Scotland, has called for a second national referendum on independence from the UK. Fleeing Westminster is to her Scottish National Party (SNP) as leaving the EU was to UKIP: its all-encompassing passion and the party’s raison d’etre. Continue Reading...

Explainer: What you should know about President Trump’s tax reform plan

Yesterday the Trump administration released its tax-reform plan, which the White House is calling the “biggest individual and business tax cut in American history.” Here is what you should know about the plan: What are the goals of the tax reform plan: The stated goals are to: • Grow the economy and create millions of jobs • Simplify our burdensome tax code • Provide tax relief to American families—especially middle-income families • Lower the business tax rate from one of the highest in the world to one of the lowest What are the objective for individual taxpayer reform? Continue Reading...