Economy

If we want to understand economic fluctuations and business cycles, we need a disciplined way of thinking about how the nominal economy (denominated in current-valued dollars, e.g. market prices and…

Reprinted from Law & Liberty President Biden has put combating climate change at the very top of his national and international agenda, saying that military officials had told him that…

One thing I teach my students in business ethics is that the focus of a business should not be on making money, but that money comes as a result of…

Reprinted from EconLib Many cities across the nation are facing a fiscal crisis. While pandemic-related problems that were self-induced or otherwise play a part, many of these issues have plagued…

Reprinted from DC Journal Every year, global climate summits feature a parade of hypocrisy as the world’s elite arrive on private jets to lecture humanity on cutting carbon emissions. The…

Earlier this year, Shawnee, Kansas, banned “co-living,” meaning “renting to four or more people who are all unrelated.” It reminded me of David T. Beito and Linda Royster Beito’s 2016…

Roughly one century ago, “progressives” set out to take over American education. They wanted to extirpate the individualism that had always been the hallmark of the people’s character, so that…

Ivory netsuke of the Hare with Amber Eyes, held in the collection of Edmund de Waal (Wikimedia Commons) Roger Scruton, in his wonderful little book Beauty: A Very Short Introduction,…

Reprinted from Alt-M On October 10th, Douglas Diamond and Philip Dybvig won the Sveriges Riksbank Prize in Economic Sciences, sharing it with Ben Bernanke “for research on banks and financial…

Last year around this time I wrote an article entitled “The Horrors of a Noninflationary Thanksgiving.” In it I showed that consumers seeking traditional holiday fare but choosing only foodstuffs…