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NATHAN LEWIS is among the world’s leading authorities on monetary policy and economic history. He is the author of The Magic Formula: The Timeless Secret to Economic Health and Prosperity; Gold: The Once and Future Money; Gold: The Monetary Polaris; and Gold: The Final Standard. A Discovery Institute Fellow, his writing has appeared in Forbes, the Financial Times, and elsewhere. He publishes The Polaris Letter, a monthly investment newsletter available at NewWorldEconomics.com.
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To most people, the word “economics” sounds like homework. In Visible Hand: A Wealth of Notions on the Miracle of the Market, Wall Street Journal op-ed editor Matthew Hennessey brings basic economic principles vividly to life in plain English, without resort to numbers, graphs, or jargon.
The Federal Reserve is one of the most disliked entities in the United States at present, right alongside the IRS. Americans despise the Fed, but they’re also generally a bit confused as to why they distrust our central bank. Their animus is reasonable, though, because the Fed’s most famous function—targeting the Fed funds rate—is totally backwards.
In this Broadside, James Piereson explains the progressive case is based upon a serious fallacy: it assumes that the government is actually capable of redistributing income from the wealthy to the poor.
Over the last two months, the COVID-19 pandemic has thrown a robust American economy into disarray, completely shutting down major business sectors and putting millions of people out of work overnight.
This book explores what it means for our economic system and our economic results to be “fair.” Does it mean that everyone has a fair shot? Does it mean that everyone gets the same amount? Does it mean the government can assert the authority to forcibly take from the successful and give to the poor?
What happens when a leading conservative economist goes mano a mano with today’s most influential exponent of left-liberal economics, over free markets versus government interventionism? Here are highlights of that showdown between Stephen Moore of the Heritage Foundation and Paul Krugman, Nobel laureate.