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Politics

When Hugo Chavez nationalized Venezuela’s oil industry and created a huge welfare state funded by declining oil revenues, he unleashed huge social problems that...

Politics

What would be the economic consequences if one individual had a money printer? Now trace that out to a central bank and government.

Politics

Most economists subscribe to a belief in “positive economics,” which means that economic theory flows from economic data. Thus, all theory can be tested...

Politics

President Trump recently accused the New York Times of treason because the paper printed something he didn’t like. Unfortunately, Trump is not the only...

Politics

In theory, the Constitution should safeguard individual liberty by giving citizens a bulwark against state tyranny. However, the Constitution actually advanced federal government power...

Politics

The Maidan Massacre of February 2014 supposedly involved Ukrainian government troops tied to President Viktor Yanukovych, a Russian ally, leading to his overthrow. But...

Politics

President Trump recently accused the New York Times of treason because the paper printed something he didn’t like. Unfortunately, Trump is not the only...

Politics

The Continentals and other paper monies only temporarily retained some value largely because of an initial promise of future redemption in gold and silver—a...