I’ve been called worse things than “a bifurcating imbecile.” But sometimes it’s best to fold conflict down the middle, and label two columns. The left column, in this case, is headed “social economics ...
Supporters likely mean well. But if you cap what can be paid, you change the incentives for manufacturers, wholesalers, pharmacies, and insurers. The “seen” is a headline claiming lower prices. The ...
Most of the energy of political work is devoted to correcting the effects of mismanagement of government,” the economist Milton Friedman said. It could be argued that no single issue illustrates the ...
Peter Robinson is the Murdoch Distinguished Policy Fellow at Stanford’s Hoover Institution, the host of Uncommon Knowledge, ...
In finance, a free lunch symbolizes unattainable risk-free profit. Discover what the concept means and how it relates to getting services free of charge.
As leaders, we need to move away from the myopic and instead focus on the lifetime value of our talent as part of a broader strategic initiative.
As Americans watched their buying power erode through 2021 and 2022, with inflation peaking at a 40-year high of 9.1% in June 2022 (1), pundits offered a long list of factors they blamed for causing ...
Today, the Boston Globe  published my article, "Trump's New Tariffs are Another Dangerous Presidential Power Grab" (non-paywall link here).
Marxist Peruvian President José María Balcázar announced Monday that free market economist Hernando de Soto would serve as ...
Maximizing shareholder value is a political and moral choice — not a law of physics. AI is forcing us to reckon with that.
Learn how the Keynesian multiplier affects economic growth, emphasizing government spending's influence on employment and GDP within macroeconomic theory.
Trump has tried to reconstitute his tariff power by reinstating most of his sweeping tariffs using a 1974 law. If allowed to stand, this would undermine the constitutional system almost as much as the ...