Power & Market

Centralizing electricity management is probably a mistake. It makes us collectively vulnerable to a single failure or attack and also inefficient.

Ultimately, interest rate caps would cost Americans access to a convenient and reliable source of credit. Instead of saving them money, a rate cap would push consumers into worse credit options.

Adlai Stevenson said that, “A hungry man is not a free man.” Many assume free exchange is invalid unless a basic level of wealth is achieved by the parties, but this is an error.

The powerful critiques of Mises and Hayek against centralized authority and their staunch defense of individual liberty offer essential lessons for followers navigating the ethical dilemmas of modern institutions and governments.

India has the longest history of affirmative action programs in the world and they have become the center of heated controversy between two clashing viewpoints.

Any government deploying this so-called policy tool is trespassing upon property rights. As a result, human beings are in a word: dehumanized.

These subsidies exemplify crony capitalism. The Austrian School of economics defines any subsidy as government intervention in the functioning of the economy.

Federal prosecutors were not able to produce any evidence at all other than an op-ed Ozturk wrote.

Edwin S. Corwin in The President: Office and Powers, 1878-1957 has argued that the Constitution is a tussle for control between the executive and legislature. It is, he claims, “an invitation to struggle for the privilege of directing American foreign policy.”

Oh, I know, you aren’t really against free trade per se. You just demand a “level playing field.” Demanding a level playing field for international trade is a complete waste of time.