Sleepwalking Into Tyranny

When did legislative issues become executive orders? For a long time now, each and every administration has worked to enhance executive powers. Over time, power has transferred from the legislature to the executive.

The Danger of Tariffs

Donald Trump is a strong believer in protective tariffs, and this is very bad news for those of us who support the free market. In Trump’s opinion, tariffs are a great idea. Here is what he said about them in an interview last month: “Trump has proposed a 10 percent across-the-board tariff on all imports

Market Failure is a Myth

A prominent topic that economics students anywhere cannot avoid is market failure. Students everywhere are taught that the free market is inherently unstable and causes problems that can only be fixed through legislation and regulation. As a result, most of those who take an economics class come out of it believing that the state helps

What Free Trade?

Our politicians have been unified not over a commitment to let Americans buy what they want and sell to whomever they like, but behind government-brokered and government-subsidized trade enforced by multinational organizations like the WTO, the World Bank, and the International Monetary Fund.

The Free Trade Myth

In truth, the bipartisan establishment’s trumpeting of “free trade” since World War II fosters the opposite of genuine freedom of exchange. The establishment’s goals and tactics have been consistently those of free trade’s traditional enemy, “mercantilism”.