Interventionism

An average-earning male retires in 2010 and gets $277,000 in lifetime benefits, $23,000 less than his lifetime taxes.

If Germany has competitive labor costs and can build a better widget, where is the problem?

Ms. Yellen wears the intellectual blinders of the mainstream macroeconomist. We can look forward to the Fed blindly fueling asset bubbles.

Interviewed by Scott Horton, Mark Thornton discusses life in crony-capitalist America, where Wall Street gets bailouts and interest-free money and

The snags with healthcare.gov are merely a sideshow; the true problems with ObamaCare run much deeper than a malfunctioning website.

European politicians and central bank policy-makers seek to maintain a monopoly over the power to create money.

By late 2010, inflation-adjusted income in Iceland was down over 35 percent.  Inflating one’s currency may give the appearance of recovery, but the truth is somewhat less rosy.
 

Come one, come all, and learn the five best ways to create a monopoly.

Philosophers have argued that society must invest great power in the rulers because only great power can hold back the forces of evil. Is there another alternative?

Water is distributed in the West not by markets and market prices, but by the political process.