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 . . .
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, . . .
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 . . .
Everyone and their dog has heard of Adam Smith, John Maynard Keynes, and Milton Friedman. Not only are they some of history’s most influential economic thinkers, they are intellectual celebrities. Books like the Wealth of Nations are . . .
President Trump announced he will levy 10 percent tariffs on some $200 billion worth of Chinese goods. The tariff will take effect on September 24, and is slated to increase to 25 percent by year’s . . .
Ask any Democrat why they support open borders and they’ll invariably respond with one of two pre-digested answers: because “diversity is our strength” and “we need immigrants to pay for our pensions.” The first argument . . .
Had I as many souls as there be stars, I’d give them all for Mephistophilis. ~Doctor Faustus Spectators claim that Satan himself appeared on stage during the opening performance of Christopher Marlowe’s play Doctor Faustus . . .
the wisdom of irony The Democratic People’s Republic of Korea (North Korea) is not democratic—it’s barely even a republic. The same goes for the Democratic Republic of the Congo, and the Lao People’s Democratic Republic . . .
Understanding Karl Marx on Free Trade What do David Ricardo, Ben Shapiro, and Karl Marx have in common? They’re all free traders. No, this is not a tongue-in-cheek jab designed to smear Ricardo or Marx. . . .