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September 2018 ISSUE

Article

The Tyranny of the National Interest

By Pierre Lemieux

Statements such as "public policy X is (or is not) in the national interest" are omnipresent. For example, Peter Navarro and Greg Autry claim that "some American CEOs" are acting against "our national interest."1 In reality, the concept of national interest is, at b...
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Kling's Corner

The Prophet of Google’s Doom

By Arnold Kling

I believe the Google system of the world will fail, indeed be swept away in our time (and I am seventy-eight!). It will fail because its every major premise will fail. —George Gilder, Life After Google1 Since the earliest days of the personal co...
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An Economist Looks at Europe

The Plight of the Central Banker

By Pedro Schwartz

"A policeman's lot is not a happy one" — The Pirates of Penzance , Gilbert and Sullivan The Bank of England has decided to increase the interest rate at which she lends money to commercial banks from a very low 0.50 percent to 0.75. Not a breath-taking...
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Teacher's Corner

It’s Still Summer…

By Amy Willis

If you are anything like us, you are busy trying to maximize these last glorious days of summer. And you are probably also desperately trying to find the time to finish the pile of summer reading you planned for yourself at the beginning of summer. We are not here t...
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