Smithian and Anti-Smithian Economists
Economics began with a brilliant debunking of fallacies embraced both by the man-in-the-street and by the minister-in-the-royal-court. Chief among these…
The Fed’s Higher Fed Funds Rate Projections Mean What?
Before they were awash with reserves, banks often paid interest to other banks in the “federal funds” market if they…
Winning Freedom Requires Some Radical Solutions
Suppose that there was a button in front of you that if you pushed, it would, in one instant, abolish…
The Live Free or Die State Points the Way to Low Taxes and Freedom
Once again, in the 2021 Cato Institute rankings of personal and economic freedom, Freedom in the 50 States, New Hampshire…
Zombie Marxism
This December we celebrate the dissolution of the Soviet Union, the communist superpower Ronald Reagan rightly named the “Evil Empire.”…
As Nuclear Weapons Spread, US Should Close its Nuclear Umbrellas
The United States collects military allies like most people accumulate Facebook friends. Washington’s most recent acquisitions in Europe are Montenegro…
America’s Unplanned Constitutional Tradition
In recent years, Gordon Wood, arguably the greatest historian—living or dead—of the American founding, has become something of a punching…
What is Critical Race Theory?
AIER’s Research Director Phil Magness joins James R. Harrigan, AIER’s Senior Editor, and Antony Davies, Professor of economics at Duquesne…
Why carbon taxes really work
A friend recently wrote to me agonising over an ethical question. He was pondering a long-haul trip to see his…
The best podcasts of 2021
I’ll admit, this is a somewhat arbitrary mix of podcasts that are noteworthy because they are particularly wonderful, noteworthy because…