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Politics

In the world of private enterprise, business owners pay attention to costs already incurred that cannot be recovered, also known as “sunk costs.” Government...

Politics

The Fed is now hemmed in by a rising risk of stagflation. It doesn‘t know where the economy is headed, or is unwilling to...

Politics

Like presidents before him, Donald Trump is using the IRS as a weapon against organizations he doesn‘t like. Richard Nixon did the same thing—and...

Politics

We eliminate the main problem that plagued “limited government.”: we are relying on the government — a monopoly agency — to police itself.

Politics

Murray Rothbard believed that the right to engage in voluntary exchange has long been understood as a natural right, not just a good, practical...

Politics

Cinephiles are mourning the death of Val Kilmer, who is remembered for many movies, but we ought also to be remembered for his performance...