Interventionism
Why Are People So Forgiving of Government Failure?
Social Security only persists because we have been conditioned to approach public-sector performance with lower expectations.
Criminal Justice Is No Job for the State
The United States has the highest incarceration rate of any country in the world, with 1 in 100 people behind bars. The prison population in America equals that of the cities of Los Angeles and Miami combined. This is an egregious form of statism. It's time we stop ignoring this issue.
OMG! There’s Discrimination in the Modeling Industry!
World War II Did Not End the Great Depression
The illusion of wartime prosperity is rooted in how national income was calculated and in how the statistics were compiled.
Where Is QE2 Taking Us?
Five months into the second round of quantitative easing — "QE2" — it is useful to take stock of what it has, and has not, accomplished. QE2 has begun to deliver on all the dangers of which the critics warned, but not the alleged benefits.
Innovation Requires Economic Freedom
The foremost aim of despotic government is to prevent any innovations that could endanger its own supremacy.
The Japanese Currency Intervention
At best, the G7 currency intervention will postpone the inevitable adjustment of world currencies to a change in demand for yen. At worst, the Bank of Japan can enforce a permanent depreciation through money creation, which will redistribute wealth.