News

Last week the House passed legislation increasing the debt ceiling. The bill was supported by all but four Republicans. For...

Even when currency is backed by gold, governments have many political reasons to pursue national, territorial currencies. Now there are...

The Austrian business cycle theory teaches us that low interest rates manipulated by the central bank lead to malinvestments, which...

Adherents of leftist dogma increasingly push the notion that teachers should be permitted to distract, confuse, or influence their students...

Economists are becoming more appreciative of how historical episodes shape future events. The resurgence of history as an explanatory tool...

Donald Trump legally pays hush money and prosecutors try to fashion a crime from it. However, if a president lies...

"The foundation of any and every civilization, including our own, is private ownership of the means of production. Whoever wishes...

The taming of monetary policy necessary to slow price inflation has triggered a corrective trend in the valuation of financial...

American politicians are beating war drums. They forget that bad relations are costly in many ways. Original Article: "It Hurts to Pay...

Despite all of the supposed safeguards to prevent bank failures, banks still fail. Perhaps the so-called safeguards are causing much...