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One of the arguments given in favor of tariffs is that they will enable domestic manufacturers to better compete with producers abroad. While people may believe that to be true, the problem is that tariffs don't create a good foundation for capital development.

Neal McCluskey Last month I wrote about creating an updated K‑12 productivity chart. The difficulty of any chart is balancing ease of understanding with accuracy and nuance, and that applies here. A major concern with the trial chart I produced was complication. It was not intuitive, especially using

The principle of Occam‘s Razor states that we should avoid superfluous activity. When it comes to our monetary system, however, the Federal Reserve System doesn't simplify things, but instead complicates the economy. That alone is reason for it to be abolished.