News

The Wall Street Journal reported on September 22 that Turkey’s central bank cut that country’s benchmark interest rate to 12...

Along with Douglas Diamond and Philip Dybvig, Ben Bernanke was awarded the Nobel Prize in Economics today. The three have...

Progressives are fond of telling us that we are under a "social contract" with the government, in effect justifying whatever...

“At the rate things are going, we are all going to end up working for the Japanese.” —Lester Thurow, MIT...

Although the field of experimental psychology has a very dubious track record in meeting scientific standards, it is nevertheless continually...

Fortunately, the world is composed of many separate states, which enables "disobedient" residents in one state to escape to others, and...

Ukrainian president Volodymyr Zelensky recently announced a drastic tax cut. The program, entitled 10-10-10, is designed to lower taxes and...

Radical Charles Dunoyer wanted "the municipalization of the world" by which states would be broken up and forced to compete...

To help us understand what is going...

Central banks claim that their main purposes are to help an economy maintain high rates of employment and price stability....