To live is to act. To act is to choose. To choose is to prefer. To prefer is to pursue values—that is, to value. That's logic-guided observation. Ego sum, ergo aestimo: I am, therefore I value. (HT: Aristotle, Ayn Rand, and Ludwig von Mises.) Next: to think is to act....
The existence of Klaus Schwab became known to much of the thinking world during the Coronapocalypse, when so-called conspiracy theories began to flourish about the use of the novel COVID-19 virus as a pretext for reconfiguring the world. The “Great Reset” and the “New...
In Let Colleges Fail: The Power of Creative Destruction in Higher Education, Richard K. Vedder delivers a timely, incisive, and much-needed diagnosis of America’s bloated and increasingly dysfunctional university system. Published by the Independent Institute,...
Today, April 30, 2025 marks the fiftieth anniversary of the final, definitive defeat of the U.S. military crusade in Vietnam. The images of U.S. helicopters desperately flying American diplomats and Washington’s high-level South Vietnamese collaborators from the roof...
In September, candidate Donald Trump vowed, “I will bring back free speech in America...I will sign an executive order banning any federal employee from colluding to limit speech, and we will fire every federal bureaucrat who is engaged in domestic censorship under...
President Donald Trump promised to revive the Alien Enemies Act of 1798 during his campaign last fall. “To expedite removals of this savage gang,” Trump pledged in an October campaign stop, “I will invoke the Alien Enemies Act of 1798 to target and dismantle every...
On April 22, U.S. President Donald Trump did an interview with Time on his first one hundred days in office. On foreign policy he made two bold claims. The first was that he would successfully conclude diplomatic deals in the Ukrainian-Russian war and in Iran. The...
U.S. Treasury Secretary Scott Bessent complained on Wednesday that the World Bank and the International Monetary Fund (IMF) are suffering from “mission creep.” But Bessent announced that the Trump administration will be “doubling down” on supporting the largest...
Last week, the Kremlin said it was finally satisfied with Washington’s position on future NATO membership for Kiev. "We have heard from Washington at various levels that NATO membership for Ukraine has been ruled out,” Russian spokesman Dmitry Peskov explained. “And...
Consumer goods are also called finished goods. The products we buy at the supermarket and other retail stores have, in less finished form, passed through many stages (including distribution), reaching back to the original factors of production: land and labor. Land...
For more than three decades, the Federal Reserve has steadily expanded its role in the American economy. From a relatively narrow mandate as a lender of last resort to commercial banks, to inflation and employment targeting, it now operates as a systemic backstop for...
As the world experiences significant geopolitical changes, political blocs like the European Union have a unique opportunity to chart a new path. Since Russia’s invasion of Ukraine in February 2022, the European Union and its twenty-seven member states have delivered...
“There are two ways Iran can be handled,” U.S. President Donald Trump has said, “militarily, or you make a deal.” National Security Adviser Mike Waltz advocated for the military solution; Director of National Intelligence Tulsi Gabbard and Vice President JD Vance...
Temu, a Chinese-based online retailer that has been available in the United States since the fall of 2022. Quickly become a leading online retailer, Temu has grown so fast that Bernstein analyst Robin Zhu projects that the site will generate as much as $1.8 billion in...
In the detention of Mahmoud Khalil and the ensuing crackdown on pro-Palestinian activism by Donald Trump's administration, a recognizable model for governance is emerging. The model is from 2002. During that year, as American citizens were distracted by the aftermath...
