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Murray Rothbard famously asked Cui bono? to help unearth government scandals. Kenya’s politicians certainly benefitted from the Eurobond affair.
Ludwig von Mises had many insights about immigration. As one might expect, he foresaw problems with open borders, but also believed immigration could benefit...
Record-low consumer confidence and record-strong corporate earnings aren’t a paradox: they’re the Cantillon effect in real time. Mark Thornton explains who inflation rewards, who...
Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.
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The policy change is partly in response to Israels aggression against Lebanese women and children, including Christians, in recent days.
There is no shortfall of liquidity in financial markets. In fact, there is so much that inflation has become a way of life for...
All too often, judges allow sentiment to override the Constitution. While they might refer to a “living Constitution,” what they really mean is that...
President Trump’s current war with Iran not only is creating economic havoc around the world, but it is also bleeding US taxpayers. There are...
People readily line up on one side or another of great economic debates. How do they choose which side to take?
President Trump’s current war with Iran not only is creating economic havoc around the world, but it is also bleeding US taxpayers. There are...
John Williamson, who passed away five years ago, is known for creating what was called the “Washington Consensus,” which was an attempt to bring...
When inflation heats up because central banks hold interest rates to artificially low levels, the standard approach is for central banks to increase interest...
Mises described the problem, Hayek proposed the direction, Kirzner explains why the market will not stop. And the market, as so many times before,...