Once upon a time, John Stuart Mill could write these words truthfully (“Of the Influence of Consumption on Production,” 1844):
It is no longer supposed that you benefit the producer by taking his money, provided you give it to him again in exchange for his goods.
He was talking, of course, about government tax-transfer programs intended to stimulate employment by subsidizing consumption. We cannot say this today.
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The most famous sentence in Adam Smith's 1776 treatise, An Inquiry into the Nature and Causes of the Wealth of Nations, appears in Book I, Chapter 2: It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their...
As a libertarian commentator who’s spent years dissecting the bloated machinery of the federal government, I’ve watched with a mix of fascination and fury as the executive branch assumes powers that the Constitution explicitly reserved for Congress. The recent Supreme...
The ground is moving under American politics, and the fault line runs straight through U.S. foreign policy. We unpack how the Israel–Gaza war turned into a domestic litmus test that hardens the left and the right while squeezing the center into brittle talking points....
