For more than two hundred years, practically all of even the most free market advocates have assumed that money and banking were different from other types of goods and markets. From Adam Smith to Milton Friedman, the presumption has ...
Whatever economic freedom we enjoy in the world today is due, to a great extent, to the ideas and efforts of the classical liberals and economists of the first half of the nineteenth century. Inspired by the eighteenth-century writings ...
Those who speak about being on the “right side of history” have, knowingly or not, adopted a central element in Karl Marx’s analysis of capitalism and the idea that the capitalist system follows a particular course of historical development ...
One of the most common phrases to be heard from those on “the left” is the assertion that someone or some public policy is or is not on “the right side of history.” It has almost become a mantra ...
The defense of economic liberty has never been an easy task. Adam Smith expressed his own despair at this problem in The Wealth of Nations. After presenting his powerful criticisms of mercantilism—the eighteenth-century system of government regulation and ...
Reading or listening to the mass media, it would be easy to assume that America is gripped in a major national crisis due to the words and deeds of Donald Trump in the White House. Democrats stonewall Congressional legislation ...
In 2016, the United States exported goods and services equal to $2.209 trillion, and imported goods and services with a market value of $2.712 trillion. The balance of trade deficit for 2016, therefore, came to $502.3 billion. The trade ...
In politics everyone has a plan. A plan to "fix" the health care problem. A plan to "protect" the environment. A plan to "guarantee" everyone a "living wage." A plan to "control" immigration. A plan to have "sustainable" economic ...
Where are you more likely to earn a better salaried income, in the private sector or working for the government? Well, it turns out that those employed by the federal government and having only high school diplomas or college ...
Much has been rightly said about recent attacks on conservative, libertarian, and other non-leftist speakers on college and university campuses around the country. The elements of intellectual intolerance, the willingness to shout down any ideological critic or opponent, and ...
