Analysis
Dear Liberals: IQ Matters
Afraid his son would steal his throne, Dionysius I, Tyrant of Syracuse, locked the boy away in a tower. Never leaving his prison, the boy learned about the world from his teachers and books. War, . . .
Month: October 2018
Analysis
Illegal Immigration Hurts Black Americans the Most
In the nineteenth century, savvy American bar-owners offered free lunches to attract noontime patrons. The diners would inevitably get thirsty and buy expensive drinks—the expression “there’s no such thing as a free lunch” was born. . . .
Analysis
Trump Will Be America’s Last Republican President
Competence doesn’t win elections: bribery does. This is the central lesson in The Dictator’s Handbook, a book which studies politics in terms of interpersonal relationships and incentive structures, as opposed to vague social trends and ideological dogma—and it’s . . .
Analysis
Why Free Trade Doesn’t Work: an Allegory
The Baguette Shop, or an economic parable on asymmetrical competition You own an artisanal bakery that makes the best $2 baguettes in town—business is booming. In fact, business is so good that a German bakery . . .
Analysis
California’s Paradox: if Immigration Creates Wealth, Why is California Poor?
California is a land of untold opulence and splendor. Hollywood’s glitter dazzles the gawking masses, while the world’s most profitable companies, Google, Apple, and Facebook, funnel cash into the Golden State from every corner of the . . .
Analysis
Blame China—Not Automation—For America’s Manufacturing Decline
A customer can have a car painted any color he wants as long as it’s black. ~Henry Ford In 1908 the American industrialist and culture hero Henry Ford released the Model T. What made the Model T . . .
Analysis
America’s Founding Fathers Supported Tariffs: Here’s Why
Too often the tariff debate is fought along economic lines: will tariffs create jobs or will they funnel wealth into dying industries? This line of reasoning is fundamentally flawed. Economics and politics—wealth and power—are inseparable, . . .
News
New Report: Punishment Deters Illegal Immigrants
A new working paper published by the National Bureau of Economic Research shows that punishing illegal aliens for crossing the border dramatically reduces the risk of recidivism—they are less likely to try crossing the border . . .
Analysis
China Steals $600 Billion Worth of American IP Yearly
First published on the Daily Caller. “Consumers are paying the price” for President Trump’s tariffs, CNN claims. Millions will feel the pinch; many thousands will lose their jobs. What CNN fails to mention is that millions of Americans already feel . . .
Analysis
Why Trump’s Tariffs Won’t Cost You a Penny
U.S. Commerce Secretary Wilbur Ross told CNBC on Tuesday that President Trump’s tariffs wouldn’t hurt American consumers, noting that because the price increase will be “spread over thousands and thousands of products, nobody’s going to . . .