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  • December 15, 2020
    Power Problems
    Liberalizing the Liberal Order?
    Liberalizing the Liberal Order?
    After four years of an unpredictable commander‐​in‐​chief, it’s time to think about the future of U.S. foreign policy. John and David Hendrickson discuss the Trump to Biden transition, the illiberal nature of the “liberal order,” and …
    Featuring David C. Hendrickson and John Glaser
  • December 14, 2020
    Blog
    Canada Fiscal Record Not Supportive of Keynesian Theory
    Canada Fiscal Record Not Supportive of Keynesian Theory
    … at the time. Keynesians would say that Canada should have boosted spending in subsequent years to stimulate recovery. But Canadian policymakers worried that deficits were high and government debt was rising. The federal and provincial governments changed course and started …
    By Chris Edwards
  • December 13, 2020
    National Interest (Online)
    Joe Biden Can Build on Donald Trump’s North Korea Strategy
    President Donald Trump’s looming departure from the White House—barely a month away—has generated much relief within Washington’s foreign policy community, especially regarding Korea. The president’s willingness to talk to the North’s Kim Jong‐​un …
    By Doug Bandow
  • December 11, 2020
    Blog
    Yes, the National Debt Is Still a Problem. Always Was.
    … from saying “borrowing is currently cheap” to implying “the national debt doesn’t matter.” Few are suggesting drastic changes in policy to reduce borrowing while in the middle of a pandemic. But two recent reports highlight the longer‐​term debt …
    By Ryan Bourne
  • December 10, 2020
    Blog
    New York vs. Florida
    New York has a smaller population than Florida, yet New York has twice as much government spending. Their leaders should look at why spending is so high, and save their taxpayers money.
    By Chris Edwards
  • December 10, 2020
    Blog
    Ending the Fed’s Emergency Lending Facilities: Mnuchin v. Waters
    … two entities. In particular, such collaboration increases the risk of putting “pressure on a traditional line between monetary and financial policy controlled by the central bank and the financial, economic, and fiscal policy controlled by the President … and his representatives …
    By James A. Dorn
  • December 9, 2020
    Blog
    High-Earners Are Moving to Low-Tax States
    … reported in the table here. The chart shows pre‐​crisis data, and events this year have likely strengthened these trends. Policymakers in states with high taxes and big government need to wake up to the new realities of mobile businesses …
    By Chris Edwards
  • December 7, 2020
    National Interest (Online)
    Why South Korea’s Anti-Leaflet Bill Is a Mistake
    Seoul should allow its citizens to speak to and for their ethnic brothers and sisters tragically locked in the nationwide prison formally known as the DPRK.
    By Doug Bandow
  • December 4, 2020
    UK Telegraph
    It Is Rational for the General Public to Avoid Acquiring Economic Knowledge
    It Is Rational for the General Public to Avoid Acquiring Economic Knowledge
    A 1,665-person YouGov survey undertaken in co‐​ordination with the ONS’s think tank found that less than half of the public could correctly define GDP in a multiple‐​choice question, while participants in 12 focus groups showed little to no understanding of it.
    By Ryan Bourne
  • December 3, 2020
    Blog
    Some Perspective on China and “Rare Earth” Minerals
    China’s near monopoly on rare earth materials comes not from inaction on the government’s part but rather from too much regulation. The solution, therefore, is not in subsidies or tariffs but in reducing domestic barriers to production.
    By Scott Lincicome
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