The title of the book may initially seem to be an exercise in hyperbole, but such is not the case. How Capitalism Saved America is indeed the untold history of our country.
In a recent article appearing in this journal, Douglas MacKenzie (2010) argues that President Hoover’s business conferences artificially propped up wages in the early years of the Depression,
On October 29, 1929, the roof fell in on the booming American economy.
A government is a territorial monopolist of compulsion — an agency which may engage in continual, institutionalized property rights violations and
In his seminal work, “The Problem of Social Cost,” Coase held that in cases of private property right disputes involving what have been
Is there any “good” reason for a country such as the U.S.
Adam Smith noted in 1776 that “What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.”
The purpose of this paper is to discuss the monetary philosophies of some of the leading Jacksonian economic theorists, as revealed during their op
At one time, the libertarian perspective on immigration could be summed up by the following mantra: “There shall be no interference with the free m
The economic theory of interpersonal free exchange is beautifully simple.
