That Austrians and Keynesians do not share many views on economics (or probably anything else) is obvious, so a difference of opinion between the two hardly should surprise anyone. However, it still is important to point out the differences between the two camps,...
As Americans warily eye new data showing both consumer and producer price inflation heating up beyond expectations, few of them realize the Federal Reserve has an explicit goal to relentlessly degrade the purchasing power of their savings. The Fed weakens the...
Just when we are reminded that unnecessary conflict between the police and the people, especially in poorer black communities, is a poison to be eliminated forthwith, the Biden administration has moved in the wrong direction. Late last month the administration...
Last month Foreign Affairs ran an article saying that Iran and Israel were engaged in mutual hostilities that could drag the United States into a war not of our choosing, and there was no mention in the article of the people who really do want the U.S. to go to war...
Philosophers tend to divide normative theories of morality into two broad categories: deontological and teleological. Deontological theories prioritize right action over good outcomes. If an action is wrong, then it is intrinsically wrong, regardless of the...
Former CNN White House correspondent Michelle Kosinski declared on Twitter last week that American journalists would “never expect…Your own govt to lie to you, repeatedly” and “Your own govt to hide information the public has a right to know.” Kosinski denounced...
Israel continued its bombardment of the besieged Gaza Strip through Tuesday and into Wednesday morning as the death toll continues to mount. Gaza’s health ministry said early Wednesday that so far, at least 35 Palestinians have been killed by Israeli airstrikes,...
In a recent issue, Time Magazine boldly declared, “The Free Market Is Dead,” and then added: “What Will Replace It?” Of course, one always can expect Time to be disingenuous at best and dishonest at worst, and as an academic economist, I have come to realize that...
