Nicholas Anthony After President Joe Biden signed an executive order instructing the government to research and develop central bank digital currency (CBDC), nearly every...
David J. Bier Just before the election, the Manhattan Institute (MI) released a report titled “Lifetime Fiscal Impact of Immigrants.” MI claims that the...
Walter Olson California voters decisively defeated an attempt to expand rent control, voters in eight of ten states looked favorably on abortion rights, school...
Although I’ve devoted many essays here to exploding myths about historical private currencies, there’s one I’ve yet to directly challenge. That’s the belief that...
Today, inflation has reached a 40-year high, in response to fiscal profligacy and accommodative monetary policy. Direct cash payments to individuals and businesses in...
Thanks to the Roosevelt Recession, in the spring of 1938 the New Deal’s “Keynesians” finally found themselves in the saddle, displacing the planners, reformers,...