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John Maynard Keynes is the best-known economist from the 20th Century, that not being a good thing. At least he was more famous for...
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Politics
What happens when the Department of Government Efficiency fails? Human devolution or political revolution? Or both? Mark Thornton discusses some pertinent lessons from the...
Politics
The Cultural Revolution continues apace in this country and it is aimed at all of the old Confederate symbols from statues to the Confederate...
Politics
The Austrian school recognizes that economic analysis is timeless and the ancient story of “The Poor Man of Nippur” provides an excellent example. From...
Politics
With Europe moving toward conflict in 1938, a number of economists and other intellectuals met in Paris to try to revitalize liberalism. Ludwig von...
Politics
Contra Marx, the laws of economics are immutable and are the same no matter what historical epoch exists. Economies cannot flourish unless market prices,...
Politics
One sign of a fraying society is that its laws increasingly become political tools. The latest round involves Democrats trying to use criminal law...
Politics
A common belief among economists is that the central bank determines what interest rates should be. But is that accurate? Indeed, there is more...
Politics
When the bankers called for a central bank in the US, they claimed to only want a way to stop bank runs. It turns...
Politics
Contra Marx, the laws of economics are immutable and are the same no matter what historical epoch exists. Economies cannot flourish unless market prices,...
Politics
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Politics
Very difficult economic headwinds of the business cycle are coming at us.
Politics
While most of us know George Orwell as an authoritative critic of totalitarianism, few people know he was a committed socialist and a lifelong...