"Nothing is more unpopular today than the free market economy, i.e., capitalism. Everything that is considered unsatisfactory in present-day conditions is charged to capitalism. The atheists make capitalism responsible for the survival of Christianity. But the papal...
Economics
Understanding Money and Inflation in Today’s World
Leaving aside the events that made the current monetary system possible, banknotes that are printed monopolistically (currency) by central banks have purchasing power and serve as a general medium of exchange (money) for billions of people around the world. Such...
Donald ‘Right About Everything’ Trump Gets Prices Wrong
President Donald Trump constantly blusters as if he deserves the 'Nobel Prize for Economic Triumphs,' just like he supposedly deserved the Nobel Peace Prize. Last week in a speech in Iowa, he doubled down on his triumphs by referring to himself in the third person:...
TGIF: The Right to Move
If people individually own themselves and have a right to be free of aggressive force, then they have a right to change their location in ways consistent with other people's rights. Whether you call this moving around relocating, emigrating, or immigrating, doesn't...
Reindustrialization, the Dollar, and the Limits of Tariff Politics
President Donald Trump’s call to reindustrialize the United States taps into a widely shared sense that something fundamental has gone wrong in the American economy. Manufacturing employment has collapsed, entire regions have been hollowed out, and supply-chain...
Recent Writing in Defense of Free Immigration
"The Trumpian Ice Age: The Frigidity of Collectivism" "Immigration Policy in an Nth-Best World" "Free Movement Increases Wealth" "Static Analysis Clouds Immigration Debate" "More on Immigration and Public Property" "Immigration Control Threatens the Rule of Law"...
When Dollars Become Weapons: How mBridge Became the Alternative to American Financial Power
The next time you wire money internationally, consider this: someone in Washington or Brussels can decide you don't get to complete that transaction. Not because you broke any law. Not because a court found you guilty of anything. But because a U.S. Treasury...
TGIF: Inept Con Man in the White House
Trump is hardly the first con man in the White House, but he is by far the most flagrant, and his scale is gargantuan. He's also rather inept. His latest confession came in a recent message to Norway's Prime Minister Jonas Gahr Store: Considering your Country decided...
Podcasts
