After a long series of rate cuts, Fed officials and asset markets are expecting a long series of interest rate cuts. This is based on the tried and hue Phillips Curve analysis. In color theory, "hue" is the technical appearance of color that can be described mechanically
In history classes (in public or private schools, colleges, and others), state propaganda, and mainstream history, a historical fiction has been spun that allegedly debunks any notion of noninterventionism. This is the myth of American isolationism. The assertion usually goes that America was extremely isolationist prior
[This article is excerpted from Conceived in Liberty, volume 1, chapter 6, "The Social Structure of Virginia: Bondservants and Slaves". An MP3 audio file of this article, narrated by Floy Lilley, is available for download.] Until the 1670s, the bulk of forced labor in Virginia was
Walter Olson The Supreme Court has ruled that California may prohibit the in‐state sale of pork raised out of state by methods it deems inhumane, rejecting a constitutional challenge raised by pork producers who had argued that the law would badly disrupt the economies of other states.
The current known federal debt is $31.7 trillion according to the web site, US Debt Clock, which is about $94,726 for every man, woman, and child who are citizens as of April 24, 2023. Can you write a check right now made payable to the
In their attempts to remake the economy, progressive elites are pushing ESG. What they forget is that the economy runs on real things, not ideology. Original Article: "ESG: Another Fraudulent Hustle That Progressive Elites Have Foisted on the Economy"
Colin Grabow ReasonTV and parody musician Remy have teamed up on a new video poking fun at the Jones Act, and the result is nothing short of hilarious:
Parfit: A Philosopher and His Mission to Save Moralityby David EdmondsPrinceton, 2023; xx + 380 pp. The British philosopher Derek Parfit ranks as one of the most influential moral philosophers of the past century. But as David Edmonds says in his outstanding biography of him, Parfit
Jeffrey Miron This article appeared on SubStack on May 12, 2023. Unless Congress cuts spending or raises taxes in the near future, the federal government will hit its debt ceiling later this summer. At that point the United States will either default or pursue “extraordinary measures,” such
Colleen Hroncich My oldest child is graduating from college tomorrow, so it has me thinking about our educational journey—which could best be described as eclectic. At various times, we used private school, district school, and cyber charter school. But we ultimately landed on homeschooling. That doesn’t