Economic Policy

The central government intervention suspending each foreign currency exchange license in the country is an example leading to a loss of freedom for each NGO operating in the country.

Elon Musk has found out the hard way that one can ferret out hundreds of billions of dollars that Congress wastes, but fail in getting its members to stop wasteful spending. Jim Bovard learned that hard lesson 30 years ago.

While artificial intelligence is often discussed in terms of automation or productivity, its potential as a creative and intellectual partner is just beginning to be recognized.

The simple narrative today of the southern secession in 1860 and 1861 is that the southern states believed that the institution of slavery was being threatened, so they left the union. However, the real causes are more complex and do not fit any preconceived narrative.

Thanks to massive federal intervention into the housing markets for more than 20 years, the housing crisis is worse than ever. The outlook for multi-family housing is especially bad with a bleak future.

The Trump White House has enacted tariffs in the belief that other countries are “cheating” by enacting tariffs against US goods and “manipulating” their currencies. However, with the US dollar being the world's reserve currency, the US has engaged in dollar manipulation through inflation.

Bankruptcy in the short term is painful. In the long term, it is cleansing decades of poor federal government choices.

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.

While Trump has not yet turned to price controls to address America‘s absurdly high drug prices, Monday‘s executive order suggests that he soon may.

Not only are modern monetary theory (MMT) cultists dishonest about the role of money, they also are dishonest about money‘s history. By taking issue with Carl Menger‘s historical version, they expose their own ignorance of how money came about.