Milton Friedman schools Donald Trump and others who suffer from ‘upside-down’ thinking on trade and protectionism
Milton Friedman exposes the “upside-down” thinking that so many people suffer from when it comes to international trade.
AEI’s Political Corner will bring you some bits of history from our nation’s political conventions. We will add entries regularly and cover topics such as the role of women, the evolution of technology, and unconventional convention events. Stay tuned!
“Disruptive” best describes Donald Trump’s presidential candidacy and the sometimes ramshackle Republican National Convention his campaign more or less superintended in Cleveland this past week.
If the Indian National Congress party blocks the goods and services tax, it risks shredding what little remains of its credibility on economic policy.
Republican presidential candidate Donald Trump’s comments on NATO are not only disastrous foreign policy, they are really bad politics as well.
Ramesh Ponnuru and Megan McArdle discuss what they are hearing at the Republican convention in Cleveland and what it could mean for the future of the party.
Two recent developments suggest a seeming obliviousness on the part of Chinese economic policymakers to the political mood in the United States in the run up to the November elections. If sustained, both of these development would risk putting Beijing on an economic collision course with Washington.
Trumpism may have parallels in populist, nativist movements abroad, but it is also the culmination of the Republican Party’s steady descent into a deeply destructive and dysfunctional state.
David Randall writes that “the history of freedom is a history of the debates about how freedom should be defined and applied — debates both by the participants in history and by the historians who write about it. I welcome a European history course that teaches both these debates, and I lament that the College Board has not provided it.”
Obama’s recent article in JAMA fails to provide an accurate assessment of the ACA. A closer look reveals an unstable system, where the government plays an increasing role and patients are left with limited options.
On Thursday, July 14, the FCC will release its Spectrum Frontiers order that will recommend ways to unleash new batches of higher frequency spectrum for fifth-generation, or 5G, wireless networks. It will be very important that the FCC resist the temptation to apportion spectrum to particular firms based on political favor.
Current regulation discourages the value-based purchasing of drugs, potentially stifling both competition and innovation. Sensible reform would adopt a market-oriented approach where drug prices reflect actual clinical outcomes.
The hard truth is that if a recession hits in the near-term, we are in trouble. There is very little room for policy to respond. The current state of monetary policy and our white-hot politics have seen to that.
After months of fruitless attempts to put together a coalition government, voters were asked to provide their input again. But just like in December, the results did not produce a majority in the Spanish parliament for any realistic set of coalition partners.
It’s anyone’s guess how things will go in Thursday’s referendum on British membership in the European Union, also known as “Brexit.” But win or lose, the fight over Brexit is symptomatic of a much larger crisis facing out-of-touch elites on both sides of the Atlantic.
On its face, the DC Circuit decision could not be more favorable to the FCC. However, 68 of the 184-page decision contain the harsh words of Stephen Williams, a veteran judge of the common-carriage industries.
There are only two problems with the progressive policy push for a big expansion in public funding for child care: (1) The science doesn’t support calls for more daycare if the primary goal is to get kids off to a “healthy start,” and (2) Most parents would prefer to have one parent at home.