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The Roots of Voluntary Exchange Lie in the Middle East

It is today commonly believed that free markets and free-market ideology are new Western inventions. In my book The Birthplace of Capitalism: The Middle East, I challenge that notion by pointing out that enterprises, financial institutions, market-based economies, and the intellectual support for economic freedom evolved millennia ago in the Middle East. The book (which is awaiting its international ...

U.S. Policy toward Cuba Attacked America’s Freedom and Values

The decades-long U.S. interventionist policy against Cuba failed to achieve its goal of removing Fidel Castro from power and replacing him with a pro-U.S. regime, similar to the pro-U.S. Batista regime that the Cuban revolution ousted from power in 1959. More important, interventionism against Cuba ended up attacking the freedom and values of the American people. During the Cold War, ...