Intermediate

Progressives claim that inequality is causing poverty and making people's lives worse. In reality, inequality leads to better economic outcomes overall and pulls more people out of poverty.

In the 1950s, McCarthyism targeted people who were accused of supporting Russia. Today's McCarthyism targets people accused of supporting … Russia. Some things never change.

The ruling class is claiming that free markets are nothing more than a "trickle-down" scheme. But a free market system really does serve society best.

Once wealthy Argentina has suffered under one interventionist regime after another for nearly a century. What are the prospects for changing things for the better?

The Keynesians running our economic life may be reassured that the Fed cannot fail in a technical sense, but the public should be appalled.

The West Indies played a vital role in growing the British economy in the eighteenth century.

More than sixty years after being "liberated" by Fidel Castro and communism, Cuba has become a large slave state where people enjoy little freedom.

People often speak of the Constitution with reverence, as though it were infallible. However, the Constitution was a centralizing document that cast aside the decentralization of the Articles of Confederation.

A common error in economics is to label increases price increases inflation. Inflation actually is an increase in the money supply, and that increase leads ultimately to price hikes.

Keynesian economics is a scourge to any nation that tries it, and African countries are no exception.