In the most recent televised California gubernatorial debate, candidates were pressed on how they would lower gas prices for struggling residents. While the stage was filled with promises and finger-pointing, Craig Eyermann had already anticipated the politicians’ “go-to” line of reasoning: with a quick quip about CBS News California reporting why California residents always see higher prices at the pump than the rest of the nation.
Also this week, in two separate pieces, Senior Fellow Ivan Eland examines the current conflict with Iran. Daniel B. Klein recounts Smith’s 1776 warnings about the dangers of lopsided power.
You’ve heard of Adam Smith and Milton Friedman. But the economists whose quiet brilliance has kept the free market running? You don’t see them on book covers—until now.