Political Theory

Ralph Raico delivers a witty, razor-sharp exposition of what liberalism really means.

There are two new trends in passports. One is toward a single global issuer of passports. The other is toward "citizenship by investment."

Negative rates can work because the opportunity cost of holding physical cash is not zero. Abolishing large banknotes further increases the cost.

In his new book, central banker Mervyn King sometimes sounds like Murray Rothbard. But in the end he continues the problem of central banking control.

What hurts workers — and keeps them poor — is government regulation, which restricts competition.

The cartelized economy foisted on us since 9/11 has been a disaster for businesses and taxpayers. Will Trump return us to "normalcy"?

Donald Trump has some troubles with labor unions. Fortunately for him, the NLRB may soon look very different.

If we are to fight the scourge of war, we need to think about war and the state differently, much like the soldiers of WWI's Christmas Truce.

Jo Ann Cavallo and Carlo Lottieri have edited a valuable collection of essays applying Austrian and libertarian insights to Italian literature.

Recent defeats for left-wing governments in Latin America are a good thing, but the region has a long way to go in embracing free markets.