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Popular thinking says that banks are the key factor in the expansion of credit. However, is this really the case?...

Some claim that slavery was the main reason for the success of the Industrial Revolution in Great Britain, but the...

In today’s world, dominated as it is by the ephemeral, the superficial, and the inconsequential, it can be hard for...

Virtue-signaling politicians in New Jersey have banned single-use plastic bags, claiming to "help the environment." They need to read Hazlitt's Economics...

The architect Frank Lloyd Wright played an important role in the design of this beautiful desert resort. I’m sure I’m...

Jeff Deist recently posed the question “Is College Worth It?” My first thought when I opened the article was that...

We are living through a particularly bad moment in history for free markets and capitalism. Government, not business, is promoted...

The US dollar is not the world's "reserve" currency because of responsibility on behalf of the monetary authorities. Instead, the dollar's...

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...