Profiles

Throughout most of history, “citizens belonged to the city, body and soul,” writes Larry Siedentop in his new book Inventing the Individual . Even today, the Western idea of the free individual remains largely confined to the West.

Liberty-loving people are right to be appalled by the Patient Protection and Affordable Care Act. However, just about every evil in the legislation has already been inflicted on the market through fifty years of state destruction of the healthcare market.

As central banks in rich countries flood their economies with fiat money, the excess funds are often used to invest in emerging markets.