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January 29, 2025

Welcome to The Lighthouse ([link removed]) , the weekly email newsletter of the Independent Institute covering politics, economics, current events, and everything in between.

Dear Readers,

The Trump Administration has now had a full week under its belt, but it is still uncertain how it will be staffed. Only four of the twenty-five nominees for cabinet-level positions have been confirmed by the Senate. Closer to home, Southern California is still early in the process of recovering from its devastating wildfires.

This week, Emmanuel Comte bursts the neoliberal myth. Scott Beyer looks at how free-market principles could have reduced the severity of Southern California's fires. Kristian Fors points to Georgia's embrace of economic freedom and warns that, unless the United States learns to adapt, it risks losing its competitive edge. Finally, Francis Crescia critiques the legacy of Justin Trudeau, whose leadership leaves behind a fiscal crisis.

Happy reading.

Jonathan Hofer
Managing Editor

Top picks this week
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** Neoliberalism Never Happened ([link removed])
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** by Emmanual Comte
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Neoliberalism is a misnomer. The last fifty years have been defined not by the retreat of the state but by its consolidation.
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** How Free-Market Solutions Could Have Alleviated the SoCal Fire ([link removed])
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** And how these solutions can speed up rebuilding. ([link removed])
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** by Scott Beyer
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The severity of California’s fires in recent years makes clear that publicly-run and hyper-regulated land and services is a disaster.
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** Lessons from the Republic of Georgia on Economic Freedom ([link removed])
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** by Kristian Fors
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As the world becomes increasingly globalized and individuals become aware of their international options, the United States should adopt globally competitive policies; otherwise, it risks an exodus of people and capital from “the land of the free.”
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** Justin Trudeau’s Legacy ([link removed])
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** by Francis Crescia
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How people will remember Trudeau’s legacy is likely to be contentious, but he may very well go down in history as one of Canada’s worst executives.
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** FEATURED BOOK - COMING SOON!
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** Race & Liberty (Updated Edition) ([link removed])
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** The Essential Reader ([link removed])
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** Edited by Jonathan J. Bean
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With new contributions from Thomas Sowell, Coleman Hughes, Thomas Chatteron Williams, Kenny Xu, David Bernstein, and Ilya Somin—as well as a plethora of primary source evidence from recent landmark US Supreme Court decisions—Bean champions the values of colorblindness, freedom, and equal constitutional protection for all individuals—regardless of race. It’s a message that couldn’t be more timely.
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