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Quotation of the Day…
Tweet… is from pages 5-6 of Johan Norberg’s excellent new (2016) book, Progress: There is a real risk of nativist backlash. When we don’t see the progress we have made, we begin to search for...
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TweetJerry Jordan ponders Trump and financial markets. A slice: The risks to this mostly favorable economic outlook are substantial. Statements made during the election campaign about foreign trade...
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Bonus Quotation of the Day…
Tweet… is from page 64 of Mary Beard’s wonderful 2015 history of ancient Rome, SPQR.: [C]ultural anxieties are often a privilege of the rich. The post Bonus Quotation of the Day… appeared first on Cafe...
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TweetShikha Dalmia exposes the foolishness behind Democrats’ criticisms of Education Secretary-designate, Betsy DeVos. Nick Gillespie and my Mercatus Center colleague Veronique de Rugy reflect on Trump...
View ArticleProtectionism Does Not Prevent Job Losses
TweetHere’s a letter to a Cafe Hayek reader: Mr. Glen W____ Mr. W____: Thanks for your e-mail. You are correct that under a regime of free trade some people, through no fault of their own, lose jobs....
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TweetFor students who are excited to learn sound economics more deeply. My Mercatus Center colleague Dan Griswold has a few pertinent questions for U.S. Trade Representative-designate Robert...
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Quotation of the Day…
Tweet… is from page 621 of the final (2016) volume – Bourgeois Equality – of Deirdre McCloskey‘s soaring trilogy on the essence of bourgeois values, on their transmission, and on their essential role...
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TweetMark Perry identifies 25 reasons for the continuing popularity of economically destructive protectionist policies. James Pethokoukis talks with Virginia Postrel 20 years after the publication of...
View ArticleHere I Offer to Bet a Luddite
TweetHere’s an open letter to a Fox News analyst: Dr. Keith Ablow Fox News Dr. Ablow: Disturbed by labor-saving techniques such as self-checkout lanes, you wonder why “no one was raising any red flags...
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Quotation of the Day…
Tweet… is from page 105 of Stanley Lebergott’s brilliant 1993 book, Pursuing Happiness: American Consumers in the Twentieth Century (footnote excluded): The development of central heating in the 1920s...
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TweetShikha Dalmia rightly criticizes conservatives who truck with the vile Milo Yiannopoulous. Jeffrey Tucker recounts some history of laissez faire. Alberto Mingardi reflects on modern-day...
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TweetMy colleague Alex Tabarrok, spending the semester in India, raises questions about India’s home-grown raj. George Will recommends Lionel Shriver’s novel The Mandibles. (Be sure also to read...
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Quotation of the Day…
Tweet… is from pages 81-82 of Daniel Olivers’s essay, “Protectionism,” which is Chapter 18 in the 1987 collection Trade Policy and U.S. Competitiveness (edited by Claude E. Barfield and John H. Makin):...
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Quotation of the Day…
Tweet… is from page 43 of my Mercatus Center colleague Dan Griswold’s compelling 2009 book, Mad About Trade: Globalization has helped to boost the net worth of American households in two main ways:...
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TweetSally Satel and Kurt Schuler make a compelling case for ending the absurd and cruel prohibition on allowing donors of transplantable body organs to be paid for their donations. GMU Econ doctoral...
View ArticleOpen Letter to Sen. Tammy Baldwin (D-WI)
TweetSen. Tammy Baldwin (D-WI) Capitol Hill Washington, DC Sen. Baldwin: Seeking to protect American steel corporations and workers from foreign competition, you introduced legislation to require that...
View ArticleThe Humans Are Coming!
TweetHere’s a letter to a new reader of Cafe Hayek: Ms. Valerie Konski Ms. Konski: Thanks for your e-mail. I don’t share your fear of robots, and I’m skeptical of empirical findings that the...
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Bonus Quotation of the Day…
Tweet… is from page 295 of my late Nobel laureate colleague Jim Buchanan’s October 1991 article, co-authored with Viktor Vanberg (and originally published in Economics and Philosophy), “The Market as a...
View ArticleSpending Future People’s Money
TweetIn my most recent column in the Pittsburgh Tribune-Review I help to bust the myth that politicians can be trusted to look carefully after the long-run interest of the general public. A slice:...
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TweetTim Worstall explains that innovation is fueled by free markets and not by the state. Robert Samuelson calms the fears of those who worry that robots will steal all of our jobs. Speaking of...
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