David J. Bier The United States hit a new record of about 8.3 million immigrants at various stages in its family‐sponsored permanent residence process in 2022—an increase of nearly 1 million since 2019. The staggering number of pending cases is primarily the result of outdated caps on green
Austrian business cycle theory points out that easy money leads to malinvestments. Once easy money disappears, the crash begins. Time to clean up malinvested assets. Original Article: "Paying the Piper: Time to Clean Up the Latest Malinvestments"
In the book Green Tyranny—a fantastic history of the environmental alarmism movement—author Rupert Darwall lays responsibility for the beginning of this movement at the feet of the Germans and the Swedes. In 1967, a Swedish scientist published the first ever “theory” on acid rain. Four years
Patrick G. Eddington For years, now former President Donald Trump and his key supporters have claimed the FBI’s investigation into his alleged collusion with Russian officials in order to influence the outcome of the 2016 election–internally known at the FBI as CROSSFIRE HURRICANE–was a hoax. Yesterday, Mr.
Austrian economics is not dry theory. It helps us make sense of our world and shows that exchange and production have a place in our moral universe. Original Article: "How to Teach Austrian Economics to the Neighbor Kids"
State projects are funded by your money, either through taxation or by inflation, most times both. Money is either taken directly from you or you lose purchasing power. The result is the same, as you will lose the ability to buy or produce as much
While the horrors of the transatlantic slave trade have been well documented, people other than slave traders and slaveholders benefitted from it, with some surprising results. Original Article: "Historical Effects of the Transatlantic Slave Trade"
On the day of the final in my 2000 level environmental and resource economics course, the WSJ published the article on Clean Power Plan 2.0 (Biden Administration Targets Power-Plant Emissions in New Climate Initiative): The Biden administration proposed new rules Thursday to drastically reduce greenhouse gases
Corporate intrigue reached a fevered pitch on May 6, 2023, in Omaha, Nebraska, when a shareholder was arrested during the annual shareholder meeting of Berkshire Hathaway. The shareholder challenged the affiliation of Warren Buffett with the Bill and Melinda Gates Foundation and Bill Gates’s association
David J. Bier Thanks to lower childbirth rates among the U.S. population, fewer workers are starting their careers each year than during the period following World War II. This phenomenon has made immigration much more important in counteracting workforce decline in the United States. In fact,