Political Theory

According to the internet-based "futures market" run by the University of Iowa, almost anything can happen in this year's elections.

Those protesting he IMF and World Bank think they are attacking free markets. Yet these bureaucracies were hatched by Keynesian central planners, and should be opposed on free-market grounds. 

The "People's Car" was beloved by the socialist Left, but the new beetle is a masterful product of labor specialization and capitalist engineering.

As usual Murray Rothbard was right. In his Classical Economics, he contrasts John Stuart Mill with his father James Mill: "Instead of possessing a hard-nosed cadre intellect, John Stuart was the quintessence of soft rather than hard core,

Garry Wills is a man with a mission. He wishes to expose for the falsehood that it is a myth that has bedeviled American history. 

Thomas Sowell is an excellent economist, but unfortunately this is not enough for him. He imagines himself a philosopher and an expert on foreign policy as well. 

Walter Block decries statists who distort the meaning of words, and also those who kowtow to their politically correct agenda.

The attempt by government to collect information on citizens has a long and troubled history. The lesson is that power, once granted, will always be abused.

In a fine case study of interventionism, regulators finally give in and reversed their previous mandates that led to an environmental mess.

All talk of disproportionate wealth gains belongs in the dustbin of history.