It is a long-standing view of the Left, for which there is a depressingly large amount of evidence, that the tide of History heads in only one direction — towards an authoritarian socialism that might as well be Communism. Less than three years ago I believed that in Latin America at least, authoritarian socialism had […]

When looking at industrialization in Austria-Hungary, I was struck by how little its governments used the superb “Austrian School” cadre of economists its universities were then producing – surely results could have been better than the sluggish bureaucratized industrialization the country actually achieved. Yet other societies, notably 18th and early 19th Century Britain, used their […]

President Trump’s firing of the Bureau of Labor Statistics chief Erika McEntarfer attracted much criticism, as government statistical agencies are claimed to be impartial. Such claims of impartiality should always be regarded with deep suspicion, as they generally conceal a noxious political agenda. When you look at the BLS’s statistical methods, its agenda becomes apparent. […]

President Donald Trump’s tariff agreements with the EU, Japan and other countries have changed the economics of world trade; they have also revolutionized global politics. Far from the “New World Order” trumpeted by such Marxist-globalists as Klaus Schwab, late of the World Economic Forum, we are now returning to a much healthier late-19th century existence, […]