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November 19, 2021
Blog

Inflation: A Brief Look Back, and A Path Forward
… economist accuses the Fed of being in denial and thinks that the central bank should have already started tightening its policy stance.) In contrast, I have been urging caution, warning against the damaging effects of a prematurely tight monetary policy …
By Norbert Michel
November 19, 2021
Blog

Congress Seeks to Halt US Weapons in Yemen
… 2018, no legislation successfully prevented Washington’s weapons sales to Riyadh. President Biden acknowledges this reality. Since his first foreign policy speech as president, ending the war in Yemen has been a key foreign policy goal. To that end, he …
By Jordan Cohen
November 19, 2021
National Review (Online)

When It Comes to the IRS, Bigger Is Not Better
Reducing the number of tax cheats in the U.S. is a good goal, but more aggressive enforcement would also cause collateral damage.
By Chris Edwards
November 19, 2021
Blog

New Legislation May Fix Cryptocurrency Provisions
… Americans.” By removing the provisions completely, the bill would not only correct the record but also make it clear that policymakers need to understand the industries that they affect before they levy new legislation. The only challenge that remains for …
By Nicholas Anthony
Fall 2021
Studies in Applied Economics

No. 196
pdf (824.59 kB)
Would a Currency Board in Lebanon Require Preconditions?
By Steve H. Hanke
November 18, 2021
Antiwar.com

Saudi Arabia Makes Fool of President Biden: Continues Yemen War and Domestic Repression
Washington should no longer excuse and shield the Saudi leaders from the consequences of their crimes.
By Doug Bandow
November 18, 2021
DefenseNews

Don’t Give Turkey an F-16 Consolation Prize
Much of Turkey’s military capability comes from U.S. weapons and training.
By Natalie Armbruster and Jordan Cohen
November 18, 2021
Real Clear Policy

Biden’s Comptroller Pick Will Decimate Community Banking
If Congress wants to transfer more money to people for any reason, it should do so transparently.
By John A. Allison
November 18, 2021
The American Conservative

Further Reflections on the Afghan Debacle
Was U.S. support for the Mujahideen against the Soviet Union a mistake?
By Doug Bandow
November 17, 2021
The American Conservative

Belarus Crisis Grows Worse
It is a dangerous folly for the United States to extend security guarantees to small nations that quarrel with their neighbors.
By Ted Galen Carpenter
November 17, 2021
Conservative Home

Why Sunak Should Think Twice about a Central Bank Digital Currency
There’s a tendency in politics to observe new innovation in markets and presume that, if it’s important enough, government institutions must get in on the act.
By Ryan Bourne
November 17, 2021
Blog

Can the Three Amigos Make a Comeback?
President Biden can set the right tone by getting back to the basics of North American economic relations, and leveraging our relationship with Canada and Mexico to achieve our common goals through openness and competition.
By Inu Manak and Alfredo Carrillo Obregon
November 15, 2021
Blog

Doubling of the Oil Price Is Always “Transitory”
One way to partly correct for the distortion caused by oil price swings is to use the consumer price index excluding energy and look at in real-time rather than compared with 12 months ago.
By Alan Reynolds
November 15, 2021
Briefing Paper

No. 129
The Infrastructure Investment and Jobs Act’s Attack on Crypto: Questioning the Rationale for the Cryptocurrency Provisions
It would be far more efficient for the government to look at the blockchains themselves—like many law enforcement agencies already do—than require countless individuals to report transaction after transaction to the IRS.
By Nicholas Anthony
November 15, 2021
South China Morning Post

A Global Climate Trade War Is Looming. Here’s How to Avert It
US and EU announcements of new tariffs and other restrictions on ‘dirty’ steel and aluminum could presage a climate-focused trade war.
By James Bacchus