Politics
By their nature, free markets promote harmony between people and increase overall standards of living. This view is radically different from the ones promoted...
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Politics
Organizations like the European Union and the United Nations are inventions of government elites and are designed to serve the interests of government elites....
Politics
Totalitarian bureaucracy necessitates a constant state of crisis and there is no better creator of crises than imperial machinations.
Politics
We’ve just released the first two video lectures in Jonathan Newman’s new online course based on Dr. Murphy’s Lessons For the Young Economist, on...
Politics
While monetary authorities and the government claim that they are “fighting inflation,” the truth is that inflation is an important tool for political and...
Politics
President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the...
Politics
For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is true even...
Politics
What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being front-and-center. However, the Federal Reserve is...
Politics
With people calling for an audit of the US gold stores at Fort Knox, perhaps we should remember how that gold got there in...
Politics
While many people have declared the US Constitution to be “crystal clear” on issues of governance, the truth is that much of what the...
Politics
The Trump administration continues its assault on the First Amendment and the rights of dissenters. The latest casualty is a Turkish graduate student at...
Politics
Is Britain poorer than Mississippi? Taking into account welfare benefits and taxes, the answer appears to be yes, and it’s yes for many other...
Politics
Economists like to claim that expectations of more inflation lead to, well, more inflation. Such beliefs ignore the fact that inflation is an increase...
