U.S. Economy

Will the free market underproduce roads? Not a chance. Chris Westley explains how government intervention causes traffic congestion. 

Why are some of the top names in the securities industry cooperating with an obvious shakedown racket? Gregory Bresiger explains what's behind the Wall Street Project.

Mark Skousen is not easy to satisfy. "In 1980," he informs us, "I asked Murray Rothbard to write an alternative to Robert Heilbroner’s The Worldly Philosophers" (p.9). 

As more Americans become aware that anthropogenic global warming is a hoax, the people who make their income from scaring us are increasing their efforts.

Paul Krugman is at it again, this time calling for price caps in California as a way of solving the energy problem. How can an economist think such things?

Even before the recent rate cuts, Greenspan had opened the monetary spigots, in a duplication of the policy error that led to the artificial boom. William Anderson explains.

In choosing whether tax cuts should be big or small, will the U.S. follow the path of Germany's Ludwig Erhard or of the socialists in Britain? Gregory Bresiger explains what's at issue.

If millions of mutual investors should stampede out of their holdings, would they cause a "mutual fund death spiral"? Under the Investment Company Act, the SEC is authorized to suspend the redemption obligation.

Bush's tax cut proposal is way too modest. Here's James Ostrowski's plan for a $21 trillion tax cut. It would not only get the economy going; it would restore a free market.

For a decade, calls for easy money and cheap credit were subdued. But now that hard times are upon us again, guess what? Martin Masse explains.