Economic Policy

^{Nathan Lewis
April 9, 2026
Currency, Economic Policy, Inflation

8}

Inflation Without Money Creation

_{Nathan Lewis
April 9, 2026
Currency, Economic Policy, Inflation

8}

Most theories of "inflation" revolve around some kind of money creation. In the past, this was commonly done with a printing press; thus "money printing." Today, it's mostly digital. But, as we described in our 2022 book Inflation: What It Is, Why It's Bad, and How To Fix It (the updated paperback edition is the one you want), it is much better to understand "monetary inflation" as a decline in the value of a currency. This might be accompanied by an increase in the "money supply," or it might not. Read More ›

President Donald Trump signs an Executive Order on the Administration’s tariff plans at a “Make America Wealthy Again” event, Wednesday, April 2, 2025, in the White House Rose Garden. (Official White House Photo by Daniel Torok)

^{Paul Teller
March 3, 2026
Economic Policy, Inflation

5}

Want to Boost U.S. Affordability? Get Rid of Tariffs

_{Paul Teller
March 3, 2026
Economic Policy, Inflation

5}

There is much talk today about affordability—and rightly so. Crippling inflation during the Biden-Harris years sent prices soaring on just about everything. And although the inflation rate has eased, most prices have not come down in any significant way. In a political world where quick fixes are often not possible, there actually is an easy solution for an immediate impact on affordability: start getting rid of tariffs on critical items. Read More ›

^{Nathan Lewis
January 16, 2026
Economic Policy, Taxes

7}

How to Save Iran 1-2-3

_{Nathan Lewis
January 16, 2026
Economic Policy, Taxes

7}

Iran has been experiencing quite a bit of disorder recently. The reasons for this are "complicated" — Iran has many foreign enemies, and the situation smells like an attempted "color revolution" — but the government of Iran has also been making quite a mess of things all by itself, recently and for a long time now. It's no surprise that even the most patriotic Iranians might be very dissatisfied today. Read More ›

Two national flags the united states of america and india waving proudly side by side against a bright blue sky with fluffy white clouds

^{Walter Myers III
October 7, 2025
Economic Policy

5}

The Indian American Community Deserves Immigration Fairness

_{Walter Myers III
October 7, 2025
Economic Policy

5}

The Trump administration's abrupt move to impose a $100,000 fee on new H-1B skilled worker visa applications has sent shockwaves through America's technology sector and the vast Indian immigrant community that powers it. Announced on Friday, September 19, and set to take effect the following Sunday, the directive sparked panic and confusion for workers, businesses, and families — culminating in a frenzied rush to return to the United States before the new rule's midnight deadline. Read More ›

Group of young African kids walking with buckets and jerrycans on their head as they prepare to bring clean water back to their village.

^{Nathan Lewis
October 1, 2025
Economic Policy, Taxes

5}

How Africa Can Get Rich

_{Nathan Lewis
October 1, 2025
Economic Policy, Taxes

5}

Africa too can get rich, as once-poor Asian countries have, but not if governments keep doing what they've been doing. Basically, they will have to throw off the stifling tax systems inherited from their prior colonial governments. There are other things you can add to that. But, I think we can say, with confidence, that if things stay as they are, nothing is possible. Read More ›

A geneticist developing gene editing techniques for disease prevention, lab with CRISPR tools, petri dishes

^{Thomas D. Lehrman and George Gilder
July 23, 2025
Economic Policy, Free Enterprise

1}

The Future Is Local for Research Funding

_{Thomas D. Lehrman and George Gilder
July 23, 2025
Economic Policy, Free Enterprise

1}

Given the Trump administration’s funding cuts to the National Institutes of Health and the National Science Foundation, the U.S. must rethink how it endows innovation at American universities. Read More ›

Printing US dollar bills. Concept of United States economy, buying and selling banknotes in the worldwide. Global finance and business.

^{Nathan Lewis
June 3, 2025
Economic Policy, Inflation

7}

Lawrence Lepard Predicts “The Big Print”

_{Nathan Lewis
June 3, 2025
Economic Policy, Inflation

7}

The 2020 period, in which central banks around the world engaged in unprecedented monetary expansion, showed their increasing willingness to essentially “run the printing presses” whenever things got tough. Unfortunately, along the way, they also showed Congress (and other governments worldwide) that no real discipline is needed, because every problem can ultimately be solved with the central bank printing press. Read More ›

Piles Of Rare Earth Elements Mined And Refined

^{Scott S. Powell
May 22, 2025
Economic Policy

5}

With Sovereign Wealth Fund, Trump Seeks to Strengthen Nation

_{Scott S. Powell
May 22, 2025
Economic Policy

5}

There is no greater betrayal by the U.S. government than failing to protect the safety and security of the American people. But this, in fact, was the case prior to Trump, because Washington abdicated its responsibility to protect and develop all-important rare earth elements that are critically necessary in the production of high-tech military weapons systems, like F-16, F-22 and F-35 jet fighters, drones, and AI-driven systems. Rather, the U.S. has become dependent on China. Read More ›

^{Stephen Meyer
May 8, 2025
Economic Policy, Free Enterprise

6}

This Should Be Trump’s Top Trade Priority

_{Stephen Meyer
May 8, 2025
Economic Policy, Free Enterprise

6}

An agreement between the world's largest and fifth-largest economies will create a huge free trade zone, benefiting businesses and spurring growth on both sides of the Atlantic. Read More ›

President Donald J. Trump signs an Executive Order on on the Administration’s tariff plans at a “Make America Healthy Again” event, Wednesday, April 2, 2025, in the White House Rose Gardent. (Official White House Photo by Abe McNatt)

^{Nathan Lewis
April 24, 2025
Economic Policy, Taxes

7}

Tariffs Done Wrong

_{Nathan Lewis
April 24, 2025
Economic Policy, Taxes

7}

Economic Nationalism, done right, could work very well for the United States in coming decades. The most glorious period for US business, before 1913, was a time of high tariffs and controlled immigration. But, it was also a time when there was no Income Tax; and, in this pre-Federal Reserve era, the money was fixed to gold. The result was very good. The United States, at first a promising “emerging market,” ended up a global superpower. Read More ›