Frederic Bastiat is an often unsung hero of 19th-century economic thought. His lessons on freedom and trade are timeless and ...

The only beneficiaries of the increase in tariffs are the government and a few companies that benefit from limited ...

In The General Theory, J.M. Keynes allegedly “discredited” Say‘s Law. Of course, Keynes actually debunked a straw man that ...

President Trump‘s recent assertions that the Fed should lower the discount rate puts him squarely in the middle of Fed ...

The critical point was, again the Middle Ages, and there you had an adversarial position between the church and the state ...

Remember that the ECB’s mandate is price stability, but inflation in the euro area has exceeded 22% in the past four years.

Part of bringing up young children is to tell them stories and accounts about people who did the right thing, and how they ...

The New York Times recently ran a detailed report on US involvement in the Ukraine-Russia war and—surprise!—the Biden ...

We spend very little time and effort learning about what the hundreds of government agencies are doing. Agencies like the Fed ...

The most enduring economic myth of the twentieth century is the idea that FDR‘s New Deal pulled America out of the Great ...

The first thing to say about laissez-faire liberalism is that it arose in Europe, specifically in Western Christendom. This ...

Milton Friedman, who achieved most of his fame in the 1980s with the television series Free to Choose, first proposed ...