Peter's Blog

Whenever public services prove to be inferior or counterproductive, their advocates always advance the same argument: “public services are underfunded!” This comes as no surprise to those acquainted with the logic of state action. When the signals of profit and loss cease to function, public agencies inevitably seek to expand their budget. The following article […]

While the government typically enters into various industries with the goal of bettering outcomes for citizens, the industries they enter often become damaged in ways they never predict. People often resent the higher level of government control theoretically, but even from a consumer welfare perspective most government industry entries leave much to be desired. While […]

Politicians on both sides have found a new mantra to address concerns about the economy: “affordability.” Economics shows us how these same politicians are responsible for inflation, taxation, and regulation– three forces that inevitably make goods and services less affordable. The following article was originally published by the Mises Institute. The opinions expressed do not […]

While free trade has never been universally popular in America, today its principles are under economic and moral attack from both the left and the right. Yet, the greatest concession that opponents of free trade make is, ironically, their love of the services that the market makes available to them.

In the aftermath of “Liberation Day,” it’s clear America is suffering from a resurgence of protectionism. As policymakers like Peter Navarro increasingly have the public’s ear, it’s necessary to dispel their fallacious reasoning.

The Austrian School of Economics demonstrates how money can emerge organically from trade and does not require a government to create or manage it. The reality is that, once governments grow large enough, they seek out control of money to further fund and finance their nefarious ends.

Last week Peter joined Tom Clougherty, Executive Director of the Institute of Economic Affairs, to discuss his unwavering view of free-market economics, the enduring threats from misguided government policies, and the urgent need for economic reform. Throughout the conversation, Peter and Tom highlight the consequences of central bank intervention, the artificial distortion of markets, and […]

As Trump’s crypto and sovereign wealth reserves gain momentum, free-marketers should recall that such measures, while perhaps a temporary improvement, are not the key to a healthy economy. If Trump wants to fix the economy, he should focus on fixing the debt and hardening our money.

50 years ago, Hillsdale College released the first in a series of mailed pamphlets. At the time they could have no idea about how much this publicity arm of the college would grow in the future, or the amount of public discourse it would cause. Imprimis’ has become one of the most widely circulated academic […]

In post-election America, tariffs still occupy much of the policy debate surrounding the incoming Trump administration. With leftists arguing in bad faith on one side of the issue and economic populists on the other, we can turn to the Austrian school of economics to understand the tradeoffs at play with protectionism. The following article was […]