She won’t have to face the relentless frustration and anger that comes with trying to make a bureaucracy do what it is not established to do.

Cheer up. A drop in stock prices doesn’t destroy wealth, say Robert Murphy and Gene Callahan. It only reveals a change in the marketability of one line of production against another.

Just as the antitrust suit seems to be burning itself out, the enemies of Microsoft have launched another sneak attack, writes Lew Rockwell.

The unhappy truth is that Thomas Jefferson, a great libertarian theorist when out of office, was an outright disaster in power, writes Joseph Stromberg.

As the economic boom continues to fizzle, pundits have theorized that the downturn results from a drop in demand for goods and services. This is said to drive the business sector to unprofitability, which then further depresses stocks and commerce generally. 

The policy recommendation follows logically: government and its central bank must step in to prevent the economy from falling into a slump. The Fed should lower rates to increase demand, then increased production of goods and services will follow suit and consequently, prosperity will be restored.

These agencies were established to intervene in the rights and liberties of Americans. A good cabinet, writes Bill Anderson, would work itself out of existence.

The system is wide open to abuse, maltreatment, and even corruption, writes Hans Sennholz

Medical Savings Accounts promised market incentives in health insurance. Congress didn’t renew them, but Dale Steinreich argues they weren’t so great anyway.

Just in time for the Holidays, Gene Callahan gives us a look at what children’s stories would be like if they were inspired by the Austrian School.