Profiles

It is a great irony that visions of socialist harmony necessarily result in rancorous and destructive struggles among groups with contradictory visions of the good society . It is perhaps equally ironic that profit-driven competition in markets results in the highest attainable degree of...

It is a fact that severe poverty has disappeared in the most industrialized countries. The wealth of the first-world welfare states was made possible by those countries’ turn toward free markets in the past. Likewise, the turn toward more free markets in the developing world has reduced poverty...

Politicians won’t admit that quantitative easing and fiscal stimulus have unquestionably failed to produce a rapid recovery over the past five years.

The decision to delay small employer mandates, but embrace reduced future labor supply is an example of bad economics, but good politics.

The IRS has a history of political abuse. Hoover, FDR, JFK, and Richard Nixon all used the IRS against enemies, long before Clinton or Obama.