Politics
Frederic Bastiat is an often unsung hero of 19th Century economic thought. His lessons on freedom and trade are timeless and what he wrote...
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Frederic Bastiat is an often unsung hero of 19th Century economic thought. His lessons on freedom and trade are timeless and what he wrote...
Calhoun emphasized the principle that the states were sovereign and independent and not merely the creation of the federal government.
Modern politics does not produce people of character and certainly there are few, if any, statesmen left on the scene. John C. Calhoun was...
Contrary to the claim that taxpayer subsidies for higher education provide great social benefits, these subsidies actually are a wealth transfer from the less-well-off...
Economists and pundits mistakenly call the Federal Reserve System’s security holdings a portfolio. It is anything but. Original Article: “The Fed’s Portfolio Is Nonexistent: The...
Mark Thornton explains the target as another smokescreen that was originally intended to stabilize monetary policy, currencies, and exchange rates, but has become a...
As Murray Rothbard wrote, inflation is not an increase in prices. It is, instead, an increase in the supply of money in circulation. The...
These days, the Fed and Chairman Jerome Powell are claiming the title of “inflation fighters.” The more appropriate moniker should be “inflationists.” Original Article: “Fighting...
With Yale economics professor Yusuke Narita suggesting mass suicide—seppuku—as the answer to Japan’s rapidly aging demographics, Jeff and Bob take a hard look at...