In his insightful post titled Tariffs and the Economy, Scott Sumner points out that the most significant impacts…
In a brief eight-second clip from the Wall Street Journal, we are presented with a nostalgic glimpse of…
No. The Net International Investment Position (NIIP) serves as a straightforward accounting measure. It calculates the total value…
In Barry Lam’s Fewer Rules, Better People: The Case for Discretion, a significant portion of his exploration into…
In a recent post, Kevin Erdmann employs the principle of never reason from a price change to clarify…
Barack Obama’s infamous proclamation to business owners that “you didn’t build that” was already controversial, but Donald Trump…
When the Civil War ignited in 1861, the Confederacy, like any entity facing a financial crisis, had three…
 In a recent episode of EconTalk titled “The Economics of Tariffs and Trade (with Doug Irwin),” aired…
David Ricardo. In a provocative piece for The Financial Times, Nat Dyer asserts that economists fundamentally misinterpret the…
In their seminal work, Why Nations Fail, authors Daron Acemoglu and James A. Robinson assert that the prosperity…
This article separates the wheat from the chaff in the realm of popular economics literature, presenting both a…
A Review of Common Law Liberalism: A New Theory of the Libertarian Society, by John Hasnas. “Look around,”…
0:37 Intro. Russ Roberts: Today’s date is April 22nd, 2025, and I’m joined by economist and author Doug…
Human beings possess an undeniable restlessness. Even at the height of achievement, we find ourselves unable to simply…
Understanding GDP: The Import Misconception Imagine measuring a country's economic performance, say its Gross Domestic Product (GDP), in…
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