Romina Boccia As the end of fiscal year 2023 approaches on September 30, Congress is planning to roll spending into another short-term continuing resolution that will fund the government likely to early December. This is a bad deal for taxpayers and another example of Congress' reckless
People cavil much about Ricardo’s law of association, better known under the name law of comparative cost. The reason is obvious. This law is an offense to all those eager to justify protection and national economic isolation from any point of view other than the
My go to classroom experiment has been Veconlab's supply and opportunity cost experiment for at least a decade (here is a 2016 post). Here is the abstract from Holt et al. (2010): This paper describes an individual choice experiment that can be used to teach students
The real effects of the atomic bomb on Hiroshima were hidden from Americans until the New Yorker published an exposé in 1946. Americans finally were confronted with the truth—even if they didn't want to believe it. Original Article: "The Bombing of Hiroshima: The Crime and the Cover-Up"
Former president Donald Trump is facing ninety-one criminal charges as he seeks to win back the White House in 2024. The indictments are the latest battle in a roughly six-year crusade against Trump that first sought to remove him from power through the Twenty-Fifth Amendment,
Chris Edwards With the congressional debate over a new farm bill on the horizon, the Environmental Working Group (EWG) held a conference today to examine farm policies. The speakers included both environmentalists and fiscal conservatives who share views that some farm programs are anti‐green and benefit wealthy landowners
Much of government-owned transportation destroys rather than adds to wealth. The lack of a sound system of economic calculation is to blame. Original Article: "The Problem with Public Transit"
It’s likely that many readers of The Austrian support the free market and also support “traditional” social values, but in Patrick Deneen’s opinion, this is an unstable amalgam. Deneen, a political theorist who teaches at Notre Dame, thinks that the market undermines tradition and that
Jennifer J. Schulp While much of the world advances regulation for crypto asset markets, the United States has yet to provide a stable and practical framework for U.S. crypto policy. In addition to the much highlighted Markets in Crypto‐Assets Regulation adopted by the European Union, crypto‐specific regulatory frameworks
Despite its origin in Marxist-syndicalist thought, “fascism” has long been used as a derogatory label for practically anyone on the right wing of the political spectrum. Sometimes the label is warranted, but other times it is used against those who have virtually nothing in common