Taxes and Spending

Monetary profit is not the only kind of profit, but in a complex world, monetary profit is essential in building sustainable economies.

With the American state broke and deeply in debt, it is just a matter of time until nuclear proliferation spreads to Japan, Germany, and South Korea.

My hope is that my new book, The Problem with Socialism, will be viewed as a companion to Henry Hazlitt's classic Economics in One Lesson.

National income statistics are becoming meaningless, not because of globalization, tax avoidance, or technology, but by their exultation by economists.

It is time to admit that the Broken Windows theory has failed and the answer lies in limiting police powers, not in expanding them.

The Paris-Berlin axis faces a new banking crisis and a weakening Southern Europe while Brexit inflames EU opposition across Europe.

During Friday's bloodbath a CNBC anchor lady assured her audience that Brexit wasn't a big sweat. That's because it is a political crisis, not a financial one.

The fact that the US government can tax citizens directly makes the act of state secession far more difficult.

Leaving the EU would open up countless opportunities for the UK to expand its trade with more dynamic parts of the the world.

Elizabeth Warren wants to help low-income and powerless people. However, she supports interventions that will hurt the people she wants to help.