Now that we are in a second Cold War era, there is a full fledged “Tournament of Shadows” for what was once called “The Dark Continent.” This was brought to light by the recent coup in the West African country of Niger, which saw the Palace Guards overthrow the...
Former President Doanld Trump privately met with his top economic advisors last week and discussed plans for major tariff increases, three people familiar with the meeting told the Washington Post. One of the ideas which was floated involves a “universal baseline...
Throughout its history, liberalism—the ideology today called “classical liberalism” or “libertarianism”—has suffered from the impression that it is primarily against things. This is not entirely wrong. Historically, liberalism coalesced as a recognizable and coherent...
Over the past few weeks, former President Donald Trump has been releasing some of his proposals if he were to return to the White House in 2024. While many of his positions pose great danger to personal liberty, such as his plan to “end crime and keep Americans safe,”...
There’s a lot of news flying around about the changes happening in global currency trading. From “Gas for Rubles” to “What the Hell is Going on With the Yen?” there are a lot of questions and very few answers as to what it all means and whose on which side of the...
I’ve previously criticized George Mason economist Alex Tabarrok’s views on patents.1 For example, as noted in Patent Policy on the Back of a Napkin, Tabarrok makes a Laffer-curve style argument that patent rights are currently “too strong.” Of course, he is correct...
Capitalism should be thrown into the dustbin of history. Not the economic system of capitalism, but the word “capitalism.” The word has such negative connotations that it has become a pejorative to call someone a capitalist. Karl Marx was the first to use the word to...
"Globalism" and "globalization," are terms that suffer from a lack of any precise definition. The terms are used freely by a wide variety of commentators to mean both good and bad things — many of which are opposites of each other. Sometimes globalism means lowering...
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