Politics
The Continentals and other paper monies only temporarily retained some value largely because of an initial promise of future redemption in gold and silver—a...
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Politics
Entrepreneurs, prices, and profit-and-loss coordinate the division of labor that makes prosperity possible.
Editor's Pick
Scott Lincicome In my latest Bloomberg column, I explore an unseen cost of the federal government’s recent and unprecedented investments in private US companies:...
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Thomas A. Berry, Brent Skorup, and Alexander Xenos The Constitution vests Congress—not federal agencies or their employees—with the power to decide when Americans must...
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Colleen Hroncich Luba Vangelova had been homeschooling for more than a decade, running in-person groups that blurred the line between co-ops and microschools before...
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Chris Edwards The federal government is so large that many of its policies work at cross-purposes. The government exhorts us to eat healthy, but...
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Jeffrey A. Singer On January 29, President Trump signed an executive order called The Great American Recovery Initiative. The order does not significantly reform...
Politics
Warsh’s hawkish credentials are real. His hawkish future is not. Trump didn’t pick him to raise rates and crash markets before the midterms.
Politics
In this week’s Friday Philosophy, Dr. David Gordon examines the demands of philosopher Peter Unger, namely, that we be forced to give up our...
Politics
If confirmed by the Senate, Warsh would succeed current Fed Chair Jerome Powell, whose term ends in May.
Politics
Charles Dickens trained many to hate capitalism, but he never understood the difference between envious hatred of wealth and charitable concern for the poor....
Politics
Consumer spending does not drive the economy. On the contrary, saving, investment, and entrepreneurship are the critical components of economic growth.
Politics
Scandinavia is not socialist; in fact, they are often ranked far higher than socialist economies like Venezuela in terms of economic freedom.
Editor's Pick
Robert A. Levy In anticipation of our nation’s semi-quincentennial, here are my reflections—some previously published—on a dozen key questions related to America’s founding documents....