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In the News

Tension Set To Linger Even If US And China Reach A Deal

quoting Steven J. Davisvia Straits Times
Saturday, June 8, 2019

Even if a trade deal was signed between China and the United States within President Donald Trump's current term, certain sticking points will remain for some time between the world's two largest economies, an economist has said.

In the News

Quotation Of The Day On The Achilles Heel Of Our Society And Western Civilization

quoting Thomas Sowellvia AEI
Saturday, June 8, 2019

Our whole educational system, from the elementary schools to the universities, is increasingly turning out people who have never heard enough conflicting arguments to develop the skills and discipline required to produce a coherent analysis, based on logic and evidence…… It is in fact the Achilles heel of this generation of our society and of Western civilization.

Analysis and Commentary

AER's Efficiency Problem

by David R. Hendersonvia EconLog
Friday, June 7, 2019

Economics has an efficiency problem. The length of papers published in top tier journals has tripled in the past 40 years, expanding to such a degree that readers often struggle to finish them.

In the News

Price Transparency Won’t Work Unless Patients Give A Hoot

quoting Scott W. Atlasvia Managed Care
Friday, June 7, 2019

Companies that sell computers, cloths, food, or most other items Americans buy are not required by law to post their prices. But many do anyhow because consumers are always out to save money. Except when it comes to health care, argues Scott W. Atlas, MD, in an opinion piece in the Wall Street Journal.

In the News

The China Challenge

featuring Elizabeth Economyvia City-Journal
Friday, June 7, 2019
Elizabeth Economy offers a penetrating look at Xi Jinping’s aggressively antidemocratic regime.
In the News

Governed By Imbeciles

quoting John H. Cochrane via Marianas Variety
Monday, June 10, 2019

If there was any doubt before now, there can be no doubt going forward: we Americans are today governed by imbeciles. Really. Literally. No hyperbole here. There is simply no way to explain the contents of this May 2019 U.S. Treasury report other than to recognize that it is the product of people completely untethered to economic reality and utterly ignorant of the economics of trade.

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In the News

John Cochrane On Currency Manipulation In Germany And Italy

quoting John H. Cochrane via Econlib
Sunday, June 9, 2019

Several people directed me to a John Cochrane post that has an amusing critique of the US government’s recent attempt to label Germany and Italy as “currency manipulators”. The most obvious objection raised by Cochrane is that neither Germany nor Italy has a national currency to manipulate—both use the euro.

In the News

Trump’s Big Win Leaves Critics Sputtering

quoting Victor Davis Hansonvia The Washington Post
Saturday, June 8, 2019

Because President Trump emerges as a clear winner from his week-long confrontation with Mexico over our neighbor’s lax enforcement of its southern border, reflexive Trump critics will scramble to find some way of containing what is a clear Trump triumph, which came with assists by Vice President Pence and Secretary of State Mike Pompeo, who conducted the key negotiations.

Featured

Liberalism In The Progressive -- And In The Larger -- Sense

by Peter Berkowitzvia Real Clear Politics
Saturday, June 8, 2019

The term “liberalism” ranks among the most contested in our political lexicon. It should also be regarded as among the most vital. In the large sense, liberalism names the modern tradition of freedom. Liberalism so understood was the dominant strand in our nation’s founding. Appreciating the standard accusations against it and why it is worthy of defense is crucial to conserving the best of the American constitutional tradition.

In the News

Europe Is Slowly Recognizing The New Contours Of World Power

quoting Timothy Garton Ashvia The National
Saturday, June 8, 2019

Pinpointing the most significant meeting of world leaders in the northern hemisphere last week was not an easy task. The impressive gathering of western allies to mark the 75th anniversary of the D-Day landings in Britain and France may be the first thing to spring to mind.

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