Globalization Under Fire
The foes of trade are missing an important effect of the rising volume of world commerce, says Hans Sennholz: the improvement of living conditions in all countries.
Medal of Freedom?
John Kenneth Galbraith has been a socialist--which is to say, an opponent of freedom--for nearly all of his career.
Stossel, Statism, and the Media
For those of us who see television news and commentary as a vast, statist wasteland, the work of John Stossel has been welcome relief. But now he’s under attack.
The Value of Money
Benjamin Anderson was among a handful of economists who set out to integrate monetary theory into a general theory of value. At last his treatise is back in print.
The Case of David Friedman
Robert Murphy notes more absurd assumptions and the “counterintuitive” conclusions flowing from them.
Boom and Bust
By Gene Callahan, the clearest explanation you may ever read of the Austrian Business Cycle Theory.
The Case of Landsburg
A common feature of neoclassical economics: relying on unrealistic assumptions to obtain ‘surprising’ results.
Mixed Legacy
Did Frank Knight make a strong case for the free economy, or did he ultimately undermine his own position?
The Trouble With Economics Texts
There is a rumor afloat that the economics profession has finally been “won over” to a free market view of the world. That’s not the case, says William Anderson.
Smoking and Property Rights
State governments have succumbed to anti-tobacco groups and infringed upon the right of private establishments to determine for themselves their smoking policy.
