PARTNER SITES

Metropolitan Opera Joins the Jihadists

The Metropolitan Opera has in effect been recruited by Hamas by putting on the anti-Semitic The Death of Klinghoffer. And taxpayers footed the bill. This is an argument against all government-funded “art.”

Embarrassing Economists

There are economists, most notably Nobel Prize-winning economist Paul Krugman, who suggest that the law of demand applies to everything except labor prices (wages) of low-skilled workers.

Governments Need Inflation, Economies Don’t

In an article in the UK’s Telegraph on October 10, veteran economic correspondent Ambrose Evans-Pritchard laid bare the essential truth of the nearly universal current embrace of inflation as an economic panacea. While politicians, CEOs and economists talk about demand stimulus and the avoidance of a deflationary trap, Evans-Pritchard reminds us that inflation is all, […]

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Predatory Journalism Against The Freedom To Price

Editorial demagoguery against “predatory” lending might well be called predatory journalism — taking advantage of other people’s ignorance of economics to score ideological points, and promote still more expansion of government powers that limit the options of poor people especially.

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Turkey’s Position on ISIL Misunderstood

It is tempting for Western observers to view Turkey’s reluctance to join the fight as a mark of disloyalty to NATO and as a sign that the alliance is mostly about convenience. This view may be too simplistic.

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Why is the Gold Standard Urgent?

After President Nixon’s gold default in 1971, many people advocated a return to the gold standard. One argument has been repeated: consumer prices are rising. While this is true, it wasn’t compelling in the 1970’s and it certainly doesn’t fire people up today. Rising prices—what most people think of as inflation—is a dead-end, politically. People […]

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Portrait of a Psychopath

What makes Islamic terrorists tick? Why do jihadists emulate Mohammad in thought, word and deed? Why is he their supreme model? It’s not a pretty picture.