The appeal of and the rationales for government intervention and regulation of private enterprise never seem to disappear. Time and time again, as soon as some theoretical argument for or historical instance of interventionism has been challenged and demonstrated ...
How long will the current improvement in employment and output growth continue? Will the Federal Reserve’s recent policy of nudging up market interest rates impede growth and employment, or will it act as a damper on possible future price ...
There is always a variety of government programs and activities that people either think are not worth the money or should not be the business of government in the first place. Yet it seems almost impossible to rein in ...
We are living in a world of the anti-liberal counter-attack against individual liberty,
free markets and limited government. Prominent voices for the free society in the 20th century, like the Austrian economists, Ludwig von Mises and Friedrich A. Hayek, are ...
Bad economics can bring about or grow out of bad politics. But the question is, what are bad economics and bad politics? Unless this is clearly and correctly identified, a bad situation can be made worse, and a good ...
The market, or capitalist, economic system has transformed the material world in wondrous ways over the last 200 years. Poverty, once the natural condition of virtually all of humanity, is being lifted from people’s shoulders, not only in the ...
Capitalism: the Unknown Ideal (1967) was my first real introduction to individualist and free market ideas when I was a teenager.
I only read Ayn Rand's novels later after ...
To mark its 175th birthday, the highly regarded and widely read British news magazine The Economist published a “manifesto” in its September 15, 2018, issue outlining its agenda for a renewed and relevant political and economic liberalism for the ...
Economic Straight Talk unmasks the economic fallacies behind many government policies, and explains the benefits from economic freedom — greater individual liberty that increases people’s freedom of choice and widens the free market competition ...
For the 12 months that ended in July 2018, price inflation in the United States, as measured by the Consumer Price Index, was 2.9 percent. That is, a basket of goods that cost $100 in July 2017 increased in ...
