Uncategorized

29 Mar Lots of New Money, But Still-Low Inflation. What Gives?-AIER

Posted at 11:05h in Uncategorized by one80Admin

Worries have intensified and spread lately about the prospects of higher U.S. inflation in the coming years. It’s an important issue because higher inflation, even if it remains in the “single digits,” erodes the value of financial assets (bills, bonds, and...

29 Mar Markets Are More Knowledgeable Than Intellectuals-AIER

Posted at 11:00h in Uncategorized by one80Admin

One principal takeaway from my previous essay for AIER is that the negative impact of imports on some domestic producers is not really what economists call a “negative externality.” That is, the negative consequences of fellow citizens choosing to buy more...

29 Mar Opinion | Inequality by Way of Government

Posted at 06:50h in Uncategorized by one80Admin

Often when I make the case for free-market capitalism, I’ll get a head nod or two and then the inevitable comeback: “Yeah, but inequality.” Forget all the great things that capitalism has done, the smartphones we carry, the broadband we use to stream movies, the drugs...

24 Mar Common Sense-AIER

Posted at 17:24h in Uncategorized by one80Admin

Tom McClintock, a Republican who represents California’s Fourth District in Congress, gave a speech on the House floor last year in which he called for an end to lockdowns because their myriad costs far outweigh their paltry benefits. “It’s called common...

24 Mar Lockdown Tyranny: A Personal Retrospective-AIER

Posted at 17:22h in Uncategorized by one80Admin

Over the past year, Americans’ rights and liberties have been ravaged worse than almost anyone expected at the start of the Covid-19 pandemic. Fearmongering quickly proved the ticket for politicians to seize almost unlimited power. But heavy-handed government decrees were more...

22 Mar Lenin’s New Economic Policy: When the Soviets Admitted Socialism Doesn’t Work

Posted at 15:47h in Uncategorized by one80Admin

A century ago, the Mother Ship of Socialism—the Soviet Union—was teetering on the precipice. The Poles had just vanquished the hopes of dictator Vladimir Lenin to sweep across Europe. Under the bludgeon of Marxist central planning, the economy had collapsed to a fraction of its...

22 Mar The Final Push to Restore Freedom-AIER

Posted at 15:44h in Uncategorized by one80Admin

Have you noticed that the good guys are on the verge of winning the great struggle, certainly intellectually but also politically and culturally? It’s become nearly impossible for the lockdowners even to muster salience. Their statements on TV and writings in...

21 Mar The Right of Exit Is What Keeps Society Prosperous and Peaceful-AIER

Posted at 18:30h in Uncategorized by one80Admin

Whenever humans come together to do anything, they organize themselves either according to principles of cooperation or principles of coercion. Cooperative ventures run the gamut from neighborhood associations to congregations to civic organizations to markets. Coercive ventures typically fall into one...

20 Mar Climate Frenzy: A Modern Version of the Crusades

Posted at 18:24h in Uncategorized by one80Admin

William Happer, emeritus professor of physics at Princeton and an expert on climate, recently explained why today’s “climate frenzy” is not a crisis. Harper spoke at a seminar sponsored by Hillsdale College. Among the highlights: “The best way to think about the frenzy over climate is...

18 Mar Prices Are Set to Soar – El American

Posted at 17:25h in Uncategorized by one80Admin

[Leer en español]“Government,” observed the great Austrian economist Ludwig von Mises, “is the only institution that can take a valuable commodity like paper and make it worthless by applying ink.”Mises was describing the curse of inflation, the process whereby government expands a nation’s money supply...