2+ day, 16+ hour ago   (639+ words) In his 1958 essay "I, Pencil," Leonard Read used the ordinary pencil to illustrate the extraordinary coordination of a free economy. Cedar, graphite, clay, lacquer, metal, rubber, machinery, transportation, and innumerable varieties of human knowledge come together to produce an object…...

3+ day, 8+ hour ago   (250+ words) The move further escalates this harmful and illegal trade war with a vital ally. Ilya Somin | 9.9.2026 2:05 PM Yesterday, Donald Trump further expanded his illegal Section 338 tariffs against Canadian imports and banned importation of some Canadian products entirely. The pretext for…...

1+ mon, 1+ week ago   (815+ words) Aaron Brown | 8.3.2026 11:05 AM California Rep. Ro Khanna (D) said last month that Elon Musk had "possibly sentenced to death" 4.5 million children by dismantling the U.S. Agency for International Development (USAID). Musk called him a liar, threatened to sue, and suggested he belonged…...

1+ mon, 2+ week ago   (258+ words) The European Commission has hit Google with two fines totaling $1 billion for breaking digital antitrust regulations. What egregious sin did the tech giant commit to warrant such hefty fees? Setting up the Google search engine and Google Play Store to…...

2+ mon, 2+ week ago   (643+ words) America is celebrating its 250th birthday and hosting the world's biggest sporting event this year. But these days, we are welcoming fewer guests to the party. Declining travel is a material indicator of a dynamic that pollsters have identified: Canadians are…...

3+ mon, 2+ week ago   (305+ words) The U.S. government has made it illegal to pay Iran a toll to pass through the Strait of Hormuz. On Thursday, the Department of the Treasury's Office of Foreign Asset Control (OFAC) imposed sanctions on Iran's Persian Gulf Strait Authority, forbidding…...

4+ mon, 1+ week ago   (285+ words) The Australian government, which has already imposed strict regulations on American tech firms operating in the country, now expects these companies to pay taxes to support Australian journalism. Prime Minister Anthony Albanese told reporters that the bargaining incentive would bring…...

4+ mon, 2+ week ago   (669+ words) Panama City is often reduced to a canal. That's understandable: The Panama Canal is one of the most consequential pieces of infrastructure ever built. But that's also a misunderstanding. The canal didn't create Panama City's identity as a trading hub;…...

4+ mon, 3+ week ago   (542+ words) The plan is not completely terrible. But many importers may still have difficulty getting the refund money owed to them. Ilya Somin | 4.16.2026 10:15 AM Roughly 330,000 importers who paid a combined $166 billion as part of President Trump's emergency tariffs are waiting on…...

5+ mon, 3+ week ago   (449+ words) Jack Salmon | 3.17.2026 3:10 PM When President Donald Trump implemented his Liberation Day tariffs last spring, the president's senior adviser, Peter Navarro, suggested that these tariffs could generate an additional $700 billion a year. At the time, I estimated that a more realistic…...