Kristin Tokarev is a graduate of Northwood University’s DeVos Graduate School. During her time at Northwood, she served as a research scholar at the University’s Center for the Advancement of Free Enterprise and Entrepreneurship. Today, she serves is an award-winning up-and-comer and producer for Stossel TV.
“It is because every individual knows little … that we trust the independent and competitive efforts of many to induce the emergence of what we shall want when we see it.” The Nobel Prize-winning Austrian-born economist and political philosopher Friedrich von Hayek (1899-1992) left a rich legacy of books and articles brimming with insights and...
Two out of five people view socialism positively. In 2025. In America! It’s as if the twentieth century never happened. The Holodomor? The Great Leap Forward? The Cultural Revolution? More than a hundred million victims in less than a hundred years? Gone from our collective memory. We’re told, again, that socialism is the answer to...
Two hundred years ago, Britain made a big mistake — and then fixed it. That’s something America should pay attention to. In the early 1800s, British politicians (mostly aristocrats) passed the Corn Laws, tariffs on imported grain. Who benefited from these restrictions? The wealthy landowners — by reaping higher rents. The result was higher food...
New York City, the bastion of global capitalism, is on the verge of electing its first socialist mayor, Zohran Mamdani. Many of his socialist visions for the metropolis fail basic economics. Worst of all is his proposal to freeze the price of rent. It ignores decades of empirical evidence that rent control harms the very residents Mamdani...
Anew civil war is brewing. Texas is redistricting its electoral map to help a few Republican candidates in 2026. Democrats in California, New York, and Illinois are threatening retaliatory manipulations of their own. How does gerrymandering work? What shall we do about it? In our Republic, voters are supposed to choose their public servants. With...
President Donald Trump gave the Left one more reason to call him a “fascist” by sending the National Guard to Washington, D.C. Some of Trump’s own supporters are also expressing their frustration with the measures, pointing out that the American Republic was founded in principled opposition to the use of standing armies to police its...
Less than seven weeks before the elections, the Federal Reserve decided to cut the interest rates aggressively – by 50 basis points. But inflation is still above its target. And the Fed has yet to receive distress signals from the labor, housing, or stock markets. So, what does that mean for you? The candidates? The...
The two most important lessons one can learn in economics are: “There’s no such thing as a free lunch” and “Incentives matter.” In a world of scarcity, every choice we make has an opportunity cost. As rational beings, every one of us is trying to achieve the best outcomes under the current constraints. Frederic Bastiat...