Thanks Cafe Hayek for highlighting my Law & Liberty article in which I analyze Keynes’s 1924 lecture “The End of Laissez-Faire” for its 100th anniversary and highlight the problems that its ideas have led to. ⬇️ lawliberty.org/when-keynes-ki…

There is a LONG history of #cronyism in #USpolitics. For a good discussion of this topic vis-a-vis US presidents, check out this American Institute for Economic Research #QualifiedOpinions podcast in which host Veronique de Rugy interviews Tevi Troy ⬇️

Keynes's downplaying of the importance of theory for good economics is a theme that pervades his 1924 lecture "The End of Laissez-Faire." This, I suggest, in my recent Law & Liberty article is a serious intellectual problem that had negative practical consequences. ⬇️

Yes, anyone who has little interest in liberty, rule of law, and constitutionalism is indeed likely to find the US Constitution threatening to their political agenda.

What happens to unrealized capital losses?

🚨Does protectionism work?🚨 The maps below, from 2016 and 2021 respectively, highlight the impact of protectionist policies, including raised tariffs, which began in 2017. In 2016, global manufacturing output was $14.1 trillion, with China leading at $4 trillion and the U.S.

With respect Mr President President Biden, without #WallStreet (i.e., the world’s biggest #capitalmarkets), America would be a shadow of itself. People in America’s financial sector also work incredibly hard. Playing the class-war card on #LaborDay2024 is not worthy of your office.

“Hume’s warnings against public debt should spur American leaders to address our own runaway debt crisis” Or so I argue in ⁦Law & Liberty⁩ DAVID HUME AND AMERICA’S DEBT DISASTER lawliberty.org/david-hume-and…

“The ultimate cause of this ‘degeneracy’ (as Hume would call it) lies in many Americans’ unwillingness to contemplate any entitlement cuts whatsoever.” My latest in ⁦Law & Liberty⁩ DAVID HUME AND AMERICA’S DEBT DISASTER ⁦RealClearMarkets⁩ American Institute for Economic Research lawliberty.org/david-hume-and…

How do we align people’s self-interest so that it favors rather than impedes policies that will address America’s national debt crisis? @AIER’s Samuel Gregg considers. lawliberty.org/david-hume-and…

In Acton Institute's "Religion and Liberty," I reflect on some of the deeper themes underlying F.A. Hayek's "The Road to Serfdom" for the book's 80th anniversary. THE ROAD TO SERFDOM AT 80 👇⬇️ rlo.acton.org/archives/12586…

"Much of 'The Road to Serfdom' involves Hayek extending Tocqueville’s logic by showing the ratchet effect of the belief that it is worth giving up some liberty to secure other seemingly good ends."⬇️ So I argue in Acton Institute's Religion and Liberty: rlo.acton.org/archives/12586…

"In his 1752 essay <Of Public Credit>, Hume stated that 'either the nation must destroy public credit, or public credit will destroy the nation.' . . . This is one subject on which his opinion never altered." My latest in Law & Liberty ⬇️👇 lawliberty.org/david-hume-and…