HeyJaredMichael Kofoed
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- Sep 28, 2026
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- Sep 10, 2026
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The real Adam Smith reveals himself (opens the original)
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Michael S. Kofoed is an associate professor of economics at the University of Tennessee, Knoxville, and a research fellow at the Institute of Labor Economics. The week before Thanksgiving 1988, at the end of his presidency, Ronald Reagan took the microphone for his weekly radio address. With his time in office running short, Reagan wanted to express his hopes for the future of the country he had led for eight years. From the canon of American and world history, who could a president many called
Analysis: The Canadian trade war will not end well (opens the original)
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In 1775, American hubris led Generals Richard Montgomery and Benedict Arnold on an ill-fated invasion of Canada. Montgomery marched his army from Fort Ticonderoga toward the Saint Lawrence while Arnold clawed his way across the Maine wilderness with a second force, enduring starvation and desertion along the way. The two armies planned to converge on French Quebec, lay siege to Montreal, and bring Canada into the war as a co-belligerent against the Crown. The reasoning was simple and, in hindsig
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