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Politics

In a recession or a crisis, the right approach for individuals is to save. So too for the national economy. Saving does not cause...

Politics

Bastiat emphasized that much of what goes on in the economy involves things we don’t see directly. Intermediaries often fall into Bastiat’s category of...

Politics

No one can legitimately create a monopoly on ideas. The problems of freedom are solved with more freedom and worsened with less.

Politics

The quest for sound money is hardly a recent phenomenon. In 13th century Italy, two different gold monetary units competed with each other in...

Politics

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Politics

No matter how “inelastic” the demand, excessively high prices cannot persist indefinitely without human action.

Politics

No matter how “inelastic” the demand, excessively high prices cannot persist indefinitely without human action.

Politics

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