Politics
Ours in an age when people panic, sometimes for good reasons but often for bad. Governments benefit from panicked citizenry, which is why we...
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The simple narrative today of the southern secession in 1860 and 1861 is that the southern states believed that the institution of slavery was...
Herbert Spencer is best known for the term, “Social Darwinism,” but his writings on free markets and law remain brilliantly relevant today. While not...
Mark Thornton discusses a lesser-known factor in the American Civil War: the Confederate “impressment” policy and its impact at Vicksburg.
Mark Thornton discusses a lesser-known factor in the American Civil War: the Confederate “impressment” policy and its impact at Vicksburg.
Ours in an age when people panic, sometimes for good reasons but often for bad. Governments benefit from panicked citizenry, which is why we...
William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the...
A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream...
The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but much lesser known is...
Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want us to...
There are numerous critics of free markets. However, all of those critics also are consumers and they gladly depend upon free markets to satisfy...
There are numerous critics of free markets. However, all of those critics also are consumers and they gladly depend upon free markets to satisfy...
Thanks to the endless “War Against Terror,” the US Government promoted methods of torture. Congress stood by and let it happen.
Thanks to the endless “War Against Terror,” the US Government promoted methods of torture, including some borrowed from the sadistic torturers of the former...
What if US trade deficits don’t matter?