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Ludwig von Mises’s first major work was The Theory of Money and Credit in which he explained the role of money in the economy...
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Politics
The TSA stories, especially at Atlanta, are illustrations of interventionist non-intervention: non-delivery of promised, paid-for, and monopolized service.
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Stephen Slivinski Certificate-of-need (CON) laws accomplish exactly what they were created to do. That’s actually a big problem, especially for rural areas. Under these...
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Walter Olson I’ve written more than once about why the proposed SAVE America Act deserves skepticism even if, like me, you’re fine with its...
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When accusations of rape and assault were made against Duke University’s lacrosse team in 2006, both the Durham City Police and District Attorney Michael...
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Solveig Singleton and Ryan Chan-Wei Merchants pay swipe fees to credit card networks (also called “interchange fees”) each time a consumer uses a card....
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When accusations of rape and assault were made against Duke University’s lacrosse team in 2006, both the Durham City Police and District Attorney Michael...
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Jai Kedia The Federal Reserve held rates steady at its March meeting, keeping the target for the federal funds rate at 3.5 to 3.75 percent....
Politics
Critics of capitalism claim that free markets funnel wealth unjustly to the top earners. Yet, as we observe the Cantillon Effects, we can see...
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Norbert Michel In Washington, there’s no shortage of bad policy ideas that just won’t die. The latest example is the “Deadpool-esque” quest to lift...
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Romina Boccia Each year, the Treasury Department quietly publishes the Financial Report of the United States Government, a comprehensive assessment of America’s long-term financial...
Politics
Why does such a strong love of freedom appear both among towering intellects and among those of far more modest cognitive means?
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Jeffrey A. Singer Last September, I wrote about how New York City residents face the highest combined state and local excise taxes on cigarettes...
Politics
The Civil Rights Act, first passed in 1964, is falsely connected with freedom. In reality, this law severely restricts individual liberty and replaces it...
Politics
Mainstream economics and finance theories hold that markets immediately adjust to new information. While market prices do reflect available information, the Efficient Market Hypothesis...
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