There’s Nothing Free
It was Nobel laureate economist Milton Friedman who made famous the adage, “There’s no such thing as a free lunch.” Professor Friedman could have added that there is a [...]
Please, No More Miracles
President-elect Donald Trump has warned companies that they are not going to leave the United States anymore “without consequences.” He has lived up to his threat by pressuring [...]
The Seen and Unseen: Tariffs on Foreign Goods
Claude Frederic Bastiat (1801-50) — a French classical liberal theorist, political economist and member of the French National Assembly — wrote an influential essay titled “That [...]