The Lighthouse^®

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The Lighthouse^® is the weekly email newsletter of the Independent Institute.
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Volume 26, Issue 48: November 21, 2023

Steve H. Hanke (National Review)
Argentine president-elect Javier Milei wants to make the U.S. dollar the national currency, in a bid to conquer runaway hyperinflation. Predictably, opposition is strong—including from some economists who misdiagnose Argentina’s economic woes and ignore the Argentine public’s already overwhelming preference for dollar transactions. READ MORE »




K. Lloyd Billingsley (The American Spectator)
Xi was coming!—for the Asia-Pacific Economic Cooperation Summit in San Francisco. It was time for a sudden cleanup of the troubled city, and time to build a wall—just for security reasons, of course. READ MORE »




Mary L. G. Theroux and Benjamin Powell (The Beacon)
The Pilgrims’ prayers were answered as they abandoned communal property in favor of private ownership. They went from starvation to abundance, and learned a lesson in liberty and economic incentives that continues to shape our modern feasts. READ MORE »



William F. Shughart II (Fortune)
The Biden administration’s strategy to curb power plant emissions is a counterproductive choice for plant owners amid surging demand, potentially jeopardizing grid reliability. Do we really want to risk large-scale blackouts? READ MORE »