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The Fed’s real mandate is financing government debt and protecting banks. Everything else is propaganda.
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Happy Birthday, Thomas Sowell: “We’ll Still Be Reading Sowell a Hundred Years from Now,” Says Nobel Laureate James M. Buchanan
A Warning On Centralized OMB Grant Review
Reducing Deforestation by Aligning Private Incentives
The UN’s Drug Report Makes an Unintended Case Against Prohibition
The Iran War Supplemental Is Rife with Wasteful Spending and Should Be Rejected
- Editor’s Pick
Happy Birthday, Thomas Sowell: “We’ll Still Be Reading Sowell a Hundred Years from Now,” Says Nobel Laureate James M. Buchanan
A Warning On Centralized OMB Grant Review
Reducing Deforestation by Aligning Private Incentives
The UN’s Drug Report Makes an Unintended Case Against Prohibition
The Iran War Supplemental Is Rife with Wasteful Spending and Should Be Rejected
Editor's Pick
Michael Chapman Thomas Sowell, who turns 96 on June 30, is the embodiment of the self-made American. He was born in the segregated South,...
Politics
Mainstream economists claim that understanding and observing reality is not really “doing economics.” Instead, they believe that all we need are abstract theories that...
Editor's Pick
Walter Olson On May 29, the Office of Management and Budget published a new proposal that would revamp and centralize control of all federal...
Politics
Editor's Pick
Politics
Editor's Pick
Jeffrey Miron Brazil has struggled historically to prevent its cattle industry from contributing to deforestation. One study, however, considers a new approach: Conduct Adjustment...
Editor's Pick
Jeffrey A. Singer (Getty Images) On June 26, the United Nations Office on Drugs and Crime (UNODC) released its 2026 World Drug Report. Drug-war...
Politics
On this July 4, Americans will celebrate 250 years of independence. However, what are people really celebrating, freedom or a militaristic regime?
Politics
Kevin Warsh’s hawkishness is theater. Every Fed chair comes in tough. The Fed’s real mandate is financing government debt and protecting banks. Everything else...
Editor's Pick
Romina Boccia and Ivane Nachkebia (Getty Images) Senator Elizabeth Warren (D‑MA), alongside Sens. Tammy Duckworth (D‑IL) and Richard Blumenthal (D‑CT), sent a letter to...
Politics
Ryan McMaken looks at the little known (in America) secessionist war for self-determination fought by French counterrevolutionaries against the French Jacobins and radicals. The...
Politics
The famed “Custer’s Last Stand” at the hands of Native Americans defending their villages is a reminder of the brutality of the US war...
