Global Economy

It is the inevitable consequence of Fed interest-rate manipulations to disturb, disrupt, and disarrange economic activity, writes Hans Sennholz.

Manuel Asensio is better than the SEC when it comes to ferreting out stock scams—and, therefore, performs a fabulous market function by selling short. Christopher Mayer explains.

The European currency is stuck in a rut because governments have insisted on using the conversion period as an excuse to collect more in taxes. Hans Sennholz explains.

Wal-Mart has come under fire, even now, for selling gasoline at prices that some state legislators say are too low. William Anderson debunks the charge.

Paul Krugman is at it again, this time calling for price caps in California as a way of solving the energy problem. How can an economist think such things?

Dinesh D'Souza's new book on the moral conundrum of success is one of the best popular treatments on the cultural meaning of prosperity to appear in many years. Reviewed by Jeffrey Tucker.

Traffic is a powerful and persuasive argument against the domestic and international drug war. Review and critique by Dale Steinreich.

The Governor's supposed solution to the energy fiasco promotes the fiction that government solves problems that private businesses create.

Just as the antitrust suit seems to be burning itself out, the enemies of Microsoft have launched another sneak attack, writes Lew Rockwell.

The slip in stock prices has unleashed hysterical calls for massive goverment intervention. William Anderson suggests a better solution: laissez-faire.