Tweet… after this thorough, careful, economically informed, and fact-filled take down by Scott Lincicome. Scott has produced here a definitive refutation of the half-truths, full-falsities, non sequiturs, and reams of economic ignorance that regularly pour forth from the keyboards and mouths of Oren Cass and other modern American protectionists. Here are a few slices from […]

Cafe Hayek

05.12.2024

Some Links - Cafe Hayek

TweetSeveral weeks ago, Jordan McGillis drew important lessons from relatively recent U.S. history about industrial policy. Two slices: The truth, however, is not so clear. Even the deal’s ardent supporters acknowledge that it resulted in a decade of high auto prices for American car-buyers. “[VER] raised prices for consumers by an average of 8%, costing […]

Cafe Hayek

05.12.2024

Contribute to Sound Economic Education - Cafe Hayek

TweetAs 2024 draws to a close, the Mercatus Center’s annual fundraising campaign is in full swing. The institution, ideas, and principles that underlie a flourishing society — free markets, voluntary cooperation, and the freedom to pursue one’s goals without unnecessary interference — aren’t just abstract notion; they are the foundation of prosperity, and they require […]

Cafe Hayek

05.12.2024

Quotation of the Day... - Cafe Hayek

Tweet… is from Martin Wolf’s November 12, 2024 Financial Times column titled “Manufacturing fetishism is destined to fail” (original emphasis): In manufacturing, tasks are repetitive and must be done precisely in a controlled environment. This is perfect for robots. The overwhelming probability then is that in a few decades nobody will work on a production […]

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There Is Nothing Left to Oren Cass's Protectionist Argument... - Cafe Hayek

Some Links - Cafe Hayek

Contribute to Sound Economic Education - Cafe Hayek

Quotation of the Day... - Cafe Hayek

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