U.S. Economy

He's been searching for a legacy for years, and now at last he leaves two, says William Anderson: a recession and high energy prices.

Real "credit crunch" is threatening on the horizon, writes Hans Sennholz, and it could gravely encumber the American economy.

The system is wide open to abuse, maltreatment, and even corruption, writes Hans Sennholz

There is no pure economic case to be made against immigration. But voting patterns this year suggest the welfare-state message has enormous appeal among immigrants. What to do?

If the economy is slowing, argue some economists, the Fed should lower rates and flood the market with credit. Gene Callahan disagrees.

This indispensable selection of articles that Murray Rothbard wrote for the Rothbard-Rockwell Report contains the most insightful comment on foreign policy I have ever read. In a few paragraphs, Rothbard destroys the prevailing doctrine

Hal Varian's math text has been the bane of economics graduate students for many years. Now he is calling for higher oil taxes. 

The dot-com shakeup reminds us that both profit and loss have social and economic merit and should be allowed to take their market-driven course, says Lew Rockwell.

The Social Security Commissioner sent out a letter revealing what the system will eventually pay. Gregory Bresiger is not pleased.

Consumer sovereignty in the democracy of the market economy is supreme over every producer and over every worker from the clerk to the CEO. The consumer votes them all up or down.