Chile would be even better off today had it adopted Mises-style laissez-faire over Milton Friedman's monetarism. But even a Friedmanian regime is far superior to the Keynesian economies that have ruined Argentina and Brazil.
Unfortunately, the economics Nobel this year neglects the problems at the heart of the State — the government failures that pollute and impoverish.
The 2018 Nobel Prize in economics has gone to Yale̵
If modern claims about the harm of free trade are true, then Lincoln must have been helping the Confederacy with his military blockade.
Trump has proposed the "Space Force" as a brand new and costly military branch and bureaucracy. The reaction to his plan helps illustrate the complexity of military politics in Washington.
No one is discussing Kavanaugh's awful record on the Bill of Rights. Meanwhile, the media is sending a terrible message to women.
All the sophisticated quantitative methods by themselves can't help us understand the cause-and-effect of what's behind the boom-and-bust cycle.
Bad ideas succeed in politics because those ideas were taught and pushed in educational and cultural institutions first.
Without fundamental reforms towards a market economy, the future of Brazil looks bleak.
The Austrian story fits the facts of the housing boom—and bust—much better than the preferred narrative of Market Monetarists.
