The Independent Review

The Independent Review is a highly regarded interdisciplinary journal that focuses on political economy and offers critical insights into government policies. It is well-researched and peer-reviewed, ensuring the highest academic standards. The journal presents articles in a clear and engaging manner, exploring topics in economics, political science, law, history, philosophy, and sociology. It takes a bold stance against the politicization and bureaucratization of society, featuring in-depth analyses of important policy matters by some of the top scholars and experts in the field.

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God and Man at Harvard: The Forgotten Constitutional Roots

2 days ago | independent.org | Nikolai G. Wenzel

The hubbub at Harvard is fascinating because of the deafening silence—on all sides—about the most important underlying problem: the US Constitution. President Trump has frozen about $2 billion in federal funds for the university, which has refused to accede to his demands that the university adhere to merit-based hiring (over DEI) and allow federal oversight of the university’s handling of campus anti-semitism. He is threatening more punishment, but Harvard isn’t backing down.
Audio: Mary Theroux and Let Colleges Fail, by Richard Vedder mentioned on KSFO radio's Armstrong & Getty program – Independent Institute

1 week ago | independent.org | Ross Marchand |Phillip W. Magness |K. Lloyd Billingsley |Jonathan Hofer

Mary Theroux and Let Colleges Fail, by Richard Vedder mentioned on KSFO radio’s Armstrong & Getty program
Audio, Video: John Cochran: Economic Pitfalls and Opportunities in Trump's Second Term | Ep. 47 – Independent Institute

1 week ago | independent.org | Ross Marchand |Phillip W. Magness |K. Lloyd Billingsley |Jonathan Hofer

In this episode Scott welcomes economist John Cochran who specializes in financial economics and macroeconomics. He’s the Rosemary and Jack Anderson senior fellow at Stanford’s Hoover Institution. Previously he was a professor of finance at the University of Chicago Booth School of Business, and before that at the University of Chicago Department of Economics. He also writes the very popular Grumpy Economist blog.
Tulsi’s Task Force: From the CIA to EIS and Beyond: News Article – Independent Institute

1 week ago | independent.org | K. Lloyd Billingsley

Tulsi Gabbard, Director of National Intelligence (DNI), is deploying the Director’s Initiatives Group (DIG) to investigate weaponization and politicization of the intelligence community. While investigating the CIA, NSA, and such, the DIG sleuths should take a hard look at the Epidemic Intelligence Service (EIS), established in the 1950s to prevent infectious diseases from arriving on American soil. Events in recent years give the people cause to wonder.
Trump Caves On Tariffs For Now

1 week ago | independent.org | Brady Leonard |Ethan Yang |John Goodman |Phillip W. Magness

Hours after sweeping, near-global tariffs went into effect Wednesday morning, the Trump administration paused nearly all new tariffs, aside from the astronomical 125% tariff placed on Chinese goods. Tariffs that were not temporarily suspended include a near-universal 10% tariff on most imports and a 25% tariff on foreign made vehicles.
Banning Chinese Student Visas: A Cure Worse Than the Disease

1 week ago | independent.org | Ethan Yang |Phillip W. Magness |K. Lloyd Billingsley |Ross Marchand

On March 14, a group of Republican members of the U.S. House of Representatives introduced legislation that would ban all student visas for Chinese nationals, sparking controversy and outrage. Although the Stop CCP VISAs Act is unlikely to pass, it signals a growing concern and frustration with Chinese influence in American higher education, particularly attempts at espionage and institutional capture.
Why Can’t Every School Be a Magnet School?: News Article – Independent Institute

1 week ago | independent.org | John Goodman |Phillip W. Magness |K. Lloyd Billingsley |Ross Marchand

Some time ago, my think tank commissioned Dr. Lori Taylor, at that time an economics professor at Southern Methodist University, to do a study of Dallas public schools. The study measured the productivity of the schools by comparing the test scores of students in the current year with the scores of those same students in the previous year.
New Book: Let Colleges Fail—Proven Economic Principles Can Solve Today’s Problems in Higher Education: News Release – Independent Institute

1 week ago | independent.org | Phillip W. Magness |K. Lloyd Billingsley |Ross Marchand |John Goodman

For Immediate ReleaseApril 15, 2025Oakland, Calif.—The concept of “creative destruction” was introduced by economist Joseph Schumpeter to describe the natural process by which competitive markets dismantle established practices, thus making way for innovation. That process needs to occur in American higher education—but is blocked by regulations and subsidies from government and short-sighted donors.
Let Colleges Fail : The Power of Creative Destruction in Higher Education – eBook, Hardcover

1 week ago | independent.org | Phillip W. Magness |K. Lloyd Billingsley |Ross Marchand |Ethan Yang

HighlightsAmerican universities are consistently ranked among the best in the world, but their place at the top is precarious. Richard Vedder lists ten major problems plaguing higher education:Enrollments have been falling for over a decade. Public support and confidence in higher education is very, very low. “Unpopular” ideas are often suppressed or ignored. Intellectual diversity is declining—just the opposite of what one would hope for on a college campus.
Maduro’s Vendetta in Venezuela: News Article – Independent Institute

2 weeks ago | independent.org | Alvaro Vargas Llosa

Intended or not, President Trump’s bullying of Canada, Mexico, Denmark, Ukraine and others seems to be making it easier for some of the Western Hemisphere’s despots to go about their barbaric business with little international attention. Nowhere is this more evident, perhaps, than in Venezuela, where resident strongman Nicolas Maduro, who stole last year’s presidential election, has launched a vendetta against the family of his one-time challenger, President-elect Edmundo Gonzalez Urrutia.