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The Lighthouse: No More Golden Eggs | Subsidizing Higher Education | False Narrative in Memphis

February 14th, 2023  •  Weekly Newsletter
The Goose that Stopped Laying Golden Eggs

Steve H. Hanke, John Greenwood, OBE (National Review)

The Fed has long been the goose that laid golden eggs. Now, thanks to the Fed’s ill-conceived monetary policies, particularly during and since Covid, that goose is no longer laying. What went wrong? The Bank of England’s better response to the panic of 1825 shows us. READ MORE »

Boom and Bust Banking

The Causes and Cures of the Great Recession

Edited by David Beckworth

Subsidizing Higher Education Is Not Creating Widespread External Benefits

Gary M. Galles (

President Biden’s student debt relief proposal created a storm of controversy—and it should. It is sharply pro-rich at the expense of those far poorer, from a party pretending to stand for the opposite. Plus, it’s unconstitutional. And it’s just the latest addition to massive subsidies enjoyed by colleges and universities. READ MORE »

Restoring the Promise

Higher Education in America

By Richard K. Vedder

The False Narrative of Tyre Nichols’ Death

William J. Watkins Jr.

Systemic racism played no part in the Nichols’ tragedy. To say that it did is to say that the black policemen involved had no agency. According to the progressive narrative, they, like automatons, could only do what their white training made them do. Isn’t that narrative itself racist? READ MORE »

Recommended Readings
on Race and Civil Rights

By Williamson M. Evers

The States that Are Falling Behind in Economic Freedom

Adam B. Summers (The Hill)

Do you want more economic freedom to fill your pocketbook and improve your life? If so, a new study says what you pretty much knew already: “Move to Florida!” Anybody want to guess which states fall short on freedom? READ MORE »


Economic Peril or Prosperity?

Edited by Robert M. Whaples et al.

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