Steve Hanke recently set out to prove “why President Trump’s trade message and protectionist policies are rubbish” in a Forbes article. Instead, the Johns Hopkins University economist exposed himself as a word-mincing, logic-twisting sophist—just like every other intellectual . . .
On January 28, 1986, the space shuttle Challenger exploded. All seven astronauts were killed. Eyewitness Frank Mottek described the scene: Just then we both stood up and looked up at the shuttle making its way farther and . . .
China’s economy is now the largest on earth. Its industrial output is triple that of the United States. Its population, quadruple. To make matters worse, Chinese computing power is on par with ours and their . . .
Scott Adams, the creator of the popular cartoon “Dilbert,” transformed himself into a persona non grata in 2016 by exposing how Donald Trump manipulated the media by using sophisticated persuasion techniques. History proved Adams was correct and Trump . . .
General Motors last week announced it would close five manufacturing plants, four in America and one in Canada. President Trump responded to GM by threatening to cut the automaker’s subsidies unless it protected American jobs: . . .
…We wonder—and some Hunter may express Wonder like ours, when thro’ the wilderness Where London stood, holding the Wolf in chase, He meets some fragment huge, and stops to guess What powerful but unrecorded race . . .
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, . . .
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. . . .
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 . . .
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 . . .