U.S. Economy

Most people assume that gifts are wonderful to receive. But this view has recently come under attack, reports Robert Murphy finds riddled with fallacy.

The root of the pension problem, writes Carl Horowitz, is the inherent unsoundness of State-granted guarantees to firms (and unions) against market failure.

In the days following the September 11 attacks on the World Trade Center and the Pentagon, many Americans reacted with panic.

Dale Steinreich explains the twin goals of the AMA-shaped medical industry: artificially elevated incomes and worship by patients.

There are many reasons for the decline of the family, lifestyle choice among them, writes Per Henrik Hansen.

Frank Quattrone sent a 22-word e-mail to his employees reminding them of an existing policy. Now he is going to jail for it, writes Chris Westley.

Whether or not he had committed any crimes (and, apparently, he had not), Quattrone had plenty about which to be nervous, write Bill Anderson and Candice Jackson.

Concerns over safety and pollution are merely protectionist tactics to keep out imports from Mexico, writes Gary Galles.

We have heard all the claims 10,000 times, and here William Anderson deals with the main ones.

Eric Mattei explains the implications of 'civil rights' interventions: some must serve others regardless of their own personal choices.