Economy
The Debate That Never Ends
“Individuals of good intention must harness governmental power to address our societal challenges: poverty, ignorance, and squalor. As economists, we are bestowed with these instruments and the responsibility to effectuate…
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Lasted Economy
Liberalism, Not Only Freedom, as Vaccine
Scott Sumner's argument that liberalism can act as a vaccine against authoritarianism raises important questions about the relationship between political…
Warren Buffett’s Berkshire Hathaway scoops up more Sirius XM
Warren Buffett's Berkshire Hathaway has once again made headlines with its recent purchase of shares in Sirius XM, increasing its…
Alphabet Slides After Cloud Sales Fall Short of Expectations
Alphabet Inc., the parent company of Google, recently released its fourth-quarter revenue figures, which fell short of analysts' expectations. The…
Stocks that got hit the most from Trump’s tariffs before Mexico reprieve
The recent actions of President Donald Trump have sent shockwaves through the U.S. stock market, with the possibility of a…
Will Tariffs Lower Prices? – Econlib
The Flawed Argument for Tariffs Leading to Lower Prices There is a common argument in favor of protectionist tariffs that…
Estee Lauder to cut up to 7,000 jobs as sales slide
The global beauty cosmetics giant, Estee Lauder, is facing significant challenges as it plans to cut up to 7,000 jobs…
Deadweight Loss From Taxes is Proportional to the Square of the Tax Rate
In a recent post, it was discussed how the deadweight loss resulting from a tax is directly proportional to the…
We’re an empire now
Gideon Rachman, writing in the Financial Times, highlights the current trend of macho swagger in Washington when it comes to…