One of the leading policy guideposts for central banks and many monetary policy proponents nowadays is the idea of “inflation targeting.” Several major central banks around the world, including the Federal Reserve in the United States, have set a ...
What we now know to have been one of the worst economic and financial crises of the post-World War II period began about ten years ago in 2007. Various retrospective commentaries have focused on the severity of the economic ...
The current counter-revolution against liberty is being fought on a number of fronts in American society. One is on the college and university campuses across the country, where the ideology of “political correctness” is strangling the principle and practice ...
Liberty is under a renewed challenge and attack in the contemporary world. From “political correctness” and its accompanying growing totalitarian closed-mindedness at institutions of higher learning in both America and Europe, to the rebirth of economic nationalism with its ...
The corruption of government officials seems to be as old as recorded history. For example, the ancient Roman senate passed laws against such political corruption in the first century, B.C. They defined a corrupt act as “whenever money is ...
Few things are as clear as the bankruptcy of the political “left.” Ranting and raving about Donald Trump and “anti-democratic” trends in the United States and other parts of the world, their own vision and vista for a “progressive” ...
Examples of government control over social and economic life are as old as recorded history, and they always have features that are universal in their perverse effects regardless of time or place. One of the most famous of these ...
The Declaration of Independence, proclaimed by members of the Continental Congress on July 4, 1776, is the founding document of the American experiment in free government. What is too often forgotten is that what the Founding Fathers argued against ...
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 ...
