The Big Chill: Mamdani’s Rent-Freeze Fantasy
The Big Chill: Mamdani’s Rent-Freeze Fantasy
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...
By Daniel J. Smith, Kristin Tokarev, Dr. Alex Tokarev
Gerrymandering: Politicians Choosing Their Voters
Gerrymandering: Politicians Choosing Their Voters
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...
By Dr. Alex Tokarev, Kristin Tokarev
Sheriff Trump cleans up Washington D.C.
Sheriff Trump cleans up Washington D.C.
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...
By Dr. Alex Tokarev, Kristin Tokarev
Channeling Hayek’s Words of Wisdom
Channeling Hayek’s Words of Wisdom
Last year, we celebrated 50 years of Friedrich Hayek’s Nobel Memorial Prize in Economic Sciences. We also marked 80 years since the great Austrian economist published his global bestseller, The Road to Serfdom. The book came out during the rise of Clement Atlee in the United Kingdom and of Juan Peron in Argentina. Just as...
By Dr. Alex Tokarev, Kristin Tokarev
Is the Fed Trying to Rig the Election?
Is the Fed Trying to Rig the Election?
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...
By Kristin Tokarev
A Student Voice: A fiscal system that punishes success and rewards failure
A Student Voice: A fiscal system that punishes success and rewards failure
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...
By Kristin Tokarev