This is a rendition of Leonard Read‘s famous, “I, Pencil,” but with a new twist: tariffs now restrict the importation of producers‘ goods needed to make the pencil, which means there will be fewer of them for us to use.

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This is a rendition of Leonard Read‘s famous, “I, Pencil,” but with a new twist: tariffs now restrict the importation of producers‘ goods needed to make the pencil, which means there will be fewer of them for us to use.
Britain’s new populist party, Reform UK, has done well in the polls but is embarking on head-scratching proposals to deal with energy issues. Instead...
The performance profile for 2025 says a lot about the state of the market. Commodity-related ETFs are leading, non-cyclical equity ETFs are holding up...
Norbert Michel and Jai Kedia There has scarcely been a week since President Donald Trump took office when tariffs have not been debated in...
What do COVID lockdowns, currency collapses, and hyperinflation all have in common? According to Steve Hanke, they all reveal how central planners manipulate fear,...