Politics
The rise of the state led to the rise of credentialism, however, credentialism neither guarantees competence nor quality.
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Politics
As war drums beat again, this time against Iran, we ask ourselves if recklessness from Donald Trump and European and Israeli leaders is pushing...
Editor's Pick
Jai Kedia President Trump has formally nominated Kevin Warsh to succeed Jerome Powell as chair of the Federal Reserve, whose term expires in May. A...
Politics
Milton Friedman and others tried to explain interest rates using liquidity, economic activity, and inflation expectations. These things, however, only describe interest but do...
Politics
“Humanitarian intervention” sells itself as a moral shortcut: bypass the messy politics, send in the troops, stop the monster.
Editor's Pick
Michael F. Cannon Despite the love it gets from Republicans and insurance companies, Medicare Advantage is a lousy program. Multiple news items this week...
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Adam N. Michel Recent Democratic proposals to expand the amount of income exempt from the income tax highlight an existing feature of the US...
Editor's Pick
Colleen Hroncich “I got into education sort of by accident,” says Sarah Pevehouse, founder of Apogee Dripping Springs microschool in Texas. After attending an...
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Kevin T. Frazier Minnesota legislators are considering a troubling amendment to their state constitution. In short, the amendment would carve AI out of the...
Politics
Inflation is a government tool used to confiscate wealth from ordinary citizens and transfer it to government agents and others who are politically connected....
Politics
Bob revisits Böhm-Bawerk’s critique of the exploitation theory of interest to answer modern claims that billionaires like Elon Musk must have “stolen” their wealth...
Politics
With a record-height tower and a flooded credit system: 2026 may be when the curse returns.
Editor's Pick
Gabriela Calderon de Burgos Today in the Wall Street Journal, economist Judy Shelton suggests that Latin American countries adopt the US dollar. She weighs in...