MARKETS

Tariff Advocates Rarely Talk About How Tariffs Punish Consumers

Politicians who support tariffs and other forms of government intervention in the economy frequently emphasize reshoring, trade deficits, cheap imports, and national security, but they rarely talk about consumers.

Monetary Cancel Culture

Monetary Cancel Culture

Whether the bank sanctions hurt Putin or not, they will have far-reaching effects on many innocent people, and not only in Russia. To understand these effects, consider what happens when a bank account is “frozen.”

False Profits

False Profits

Record profits are not the sign of a resilient economy but an inflationary effect of reckless money creation

Elon Musk, Person of the Year, Radicalized by Lockdowns

Elon Musk, Person of the Year, Radicalized by Lockdowns

Elon Musk has turned into a true American, a resistor, a revolutionary. His influence in business and philosophical outlook offers a real path forward. He deserves every congratulations for refusing to go along with ruling-class ideology and instead demand that most essential thing, the freedom to trade, speak, run a business, and innovate without government interference. 

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