The Liberation Tariffs: Worse Than an Oil Embargo?
This won’t be Great Depression 2.0. But this trade war will cost America and the world many innovations and great prosperity.
Economics
A collection of 108 posts
Fixing Our Housing Crisis
How a house pricing guarantee could encourage homeowners to accept higher-density neighbourhoods.
The Changing Politics of Oligarchy
Liberal democracies need to restore a climate of entrepreneurial opportunity and competition.
In Defence of Neoliberalism
The neoliberal turn was a pragmatic response to failed economic intervention and yielded broadly positive results.
Marxism: The Idea That Refuses to Die
Its ability to churn out plausible sounding explanations for historical and social phenomena is part of Marxism’s core appeal. But its grand theoretical framework simply does not hold up.
The Nonsense of the “Tariff Men”
President Trump’s protectionist policies are erratic, ill-defined, and incoherent.
Populists Before Trump
John Ganz’s lively new book provides a valuable account of the intellectual origins of Trumpism.
Sin and Social Science
Glenn Loury’s startlingly frank confessional memoir offers a complex portrait of a brilliant scholar and a profoundly flawed man.
The Road to Neo-Feudalism
Western societies stand on the brink of a great reversion towards a demographically and economically stagnant society reminiscent of the Dark Ages.
The Digital Mirror of Narcissus
Technology steers my life along tracks chosen for my digital double, not for me. But this proxy personalisation wouldn’t work at all if I didn’t play my part.
Javier Milei and the Spanish Tradition of Liberty
The Spanish tradition of limited government is older than the Magna Carta. Argentina will do well to revive it.
The Limits of Good Intentions
The payday-loan debate revisited.
The Seven Laws of Pessimism
If life is better than ever before, why does the world seem so depressing?
Misunderstanding the Fertility Crisis
The DINKs video isn’t shaping culture—it’s a cultural response to the rising opportunity cost of having children in free and prosperous societies.
Javier Milei and the Libertarian Tradition
His political ascent was meteoric, but classical liberalism has a storied history in Argentina.