U.S. Economy

If the government merely returned to its 2003 spending levels, then the current revenue stream would be enough to pay for everything.

Is a second American revolution imminent? Frankly, I doubt it.

Housing prices hitting 2002 levels, unemployment still at 9 percent, private-sector job growth flat, and retail sales still struggling: these are headlines that few expected three years ago. The stimulus was a gigantic, wasteful, destructive flop.

He was a great intellectual and deserves a high place in the history of libertarian ideas.

Despite the handwringing and lectures from Geithner and his accomplices, there is no need to raise the federal debt limit. The US government already spends an obscene amount of money every month, and this could easily be scaled back to the current inflow of tax receipts.

As interviewed by Mac McDowell on the “Boiling Point” radio program, 92.5 FM in San Antonio, Texas. Recorded 21 May 2011.

In an unhampered free-market system, the Ricardo effect is benign and progressive.

Throughout Pop Internationalism, Paul Krugman makes a great case for how free trade and the global economy raise the living standards for everyone.

Victor Mikhailovsky, the sixteen-year-old host of the online radio program “Insane Government,” interviews Mark Thornton on the topic o