Category: Politics

Long before there was Alan Greenspan to turn the Federal Reserve into Casino Central, there was John Law, France’s minister of finance more than three centuries ago. Like Greenspan’s infamous…

While F.A. Hayek contributed much to the Austrian School of Economics, he also supported the establishment of the welfare state, believing that it was compatible with the rule of law.…

Regulators with the European Union want people to believe that the “dead hand” of government regulation actually enhances competition. The only thing their actions enhance is more government power.

When people speak of “old school economics,” they generally mean the application of economic thinking that involves what we might call “common sense.” That would include permitting a price system…

Thanks to increasingly broad car-seat laws, a third child often requires the purchase of a larger, more expensive vehicle. At the margins, this has an effect on fertility.

Does bad money drive out good money? Mark Thornton discusses one of the most impactful principles of modern society.

Republicans today are decrying the “lawfare” that Democrats are using against them, and rightly so. However, had Republicans not vastly expanded federal criminal law during the infamous Wall Street prosecutions…

In this review of Scott Horton’s new book, Enough Already, we see that the wars the US has raged for the past quarter century in the Middle East have been…

No interventionist government or central bank wants lower prices because inflation allows the government to increase its power while slowly breaching its monetary commitments.

Money-supply growth accelerated year over year in August by the largest amount in 23 months. The days of falling money supply growth rates are over.