Foreign direct aid has failed to alleviate worldwide poverty. Nations with secure property rights have prospered.
Carl Menger wrote, “All things are subject to the law of cause and effect.” Unfortunately, modern academic economists all too often confuse correlation of economic phenomena with causality.
Lower income countries like the D.R. often face much higher relative costs than rich countries when it comes to dealing with waves of migrants.
The late Burt Blumert once told me “in tough times fortunes change hands.” For some, that time has come.
US airstrikes on Yemen killed 95 civilians and injured 192 last week. Very little US trade requires the Suez Canal, so this is about subsidizing the State of Israel.
Trump’s trade war is so successful that he’s planning to bail out the farmers who will suffer under the trade war.
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62% think tariffs will be a net liability in the long run. Even more think it will be costly in the short run. They’re right because tariff hikes are just tax increases on Americans.
Tom DiLorenzo, Tom Woods, and Robert Malone meet in Phoenix to expose how state power, psychological operations, and public health “experts” use bureaucracy as both a weapon and a weakness.
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