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Politics

The more things change, the more they remain the same. In our present age of inflation, we are reminded of how Diocletian and other...

Politics

The Fed’s specialty is propaganda through data, with a long record of failure. This is by design. Their communication tools must work in overtime,...

Politics

Unsurprisingly, Javier Milei’s free-market and antistate initiatives face opposition in Argentina. Whether he is successful depends on his being able to politically outlast his...

Politics

Economists use time preference to explain the existence of interest, but the ability of people to postpone some present consumption in order to save...

Politics

Is Consumer Confidence a reliable indicator of the current economy?

Politics

In publicly opposing Apartheid, William H. Hutt saw how legal segregation deprived black South Africans from pursuing legitimate economic goals. To Hutt, Apartheid deprived...

Politics

It was a fundamental mistake . . . to interpret economics as the characterization of the behavior of an ideal type, the homo oeconomicus....

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