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Walter Olson California voters decisively defeated an attempt to expand rent control, voters in eight of ten states looked favorably on abortion rights, school...

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Romina Boccia For nearly 90 years, a widespread misconception has shaped how Americans view Social Security. Many believe that their payroll taxes are saved in...

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Chris Edwards President-elect Trump is moving quickly to choose cabinet members and announce his priorities for next year. Tax policy will be on the...

Investing

My last post argued that, despite what Diamond and Dybvig’s famous theory suggests, bank runs have seldom proven fatal to otherwise sound banks. Instead,...

Investing

On October 10th, Douglas Diamond and Philip Dybvig won the Sveriges Riksbank Prize in Economic Sciences, sharing it with Ben Bernanke “for research on...

Investing

Recently, an investment advisor and Bitcoin proponent tweeted the claim that “[f]or most of human history” the “[s]eparation of money and state was the...

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