The Good Krugman
Throughout Pop Internationalism, Paul Krugman makes a great case for how free trade and the global economy raise the living standards for everyone.
U.S. Economy
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The Economy and Drugs
Victor Mikhailovsky, the sixteen-year-old host of the online radio program “Insane Government,” interviews Mark Thornton on the topic o
100 Years of Myths about Standard Oil
May 15 is the 100th anniversary of the most famous antitrust ruling in US history — the 1911 Standard Oil case, and the 100 years of myths it engendered.
Ideological and Political Underpinnings of the Great Society
For the most part, the Great Society represented the culmination of economic, political, and intellectual developments dating back a century, write
Why the Terrible Destruction of the Civil War?
It “was not inevitable,” writes Goldfield. Rather, it was “America’s greatest failure.”
The Budget Mess: Time to Get Serious
The recently announced spending cuts are, in fact, less than 1 percent of federal spending, a token sum that does nothing to fix the long-term budget situation.
Six Fundamental Errors of the Current Orthodoxy
What they don’t understand: aggregation, relative prices, interest rates, capital structure, money pumping, and regime uncertainty, writes Ro
The Plight of the MBA Generation
For a generation of people to find meaningful work, the government must embrace the Misesian prescription of a strict “hands-off” policy—rather than staying on the Keynesian drug.
Six Fundamental Errors of the Current Orthodoxy
What they don't understand: aggregation, relative prices, interest rates, capital structure, money pumping, and regime uncertainty.
Is Budget Austerity Modern-Day Hooverism?
Is cutting spending like repeating Herbert Hoover's errors? No, and saying it again and again doesn't make it true. The big-spending Hoover did more to intervene in the peacetime economy than any prior president. Indeed, he set in motion all of the things that FDR later did in the New Deal.
