Postwar Rent Controls
Rent-control laws cause housing shortages.
U.S. History
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Freedom and Federalism
The Jeffersonian states'-rights tradition is the key to understanding why Thomas Jefferson believed that the best government is that which governs least.
Disintegration of the Fur Monopoly
Within a decade of the Puritans’ arrival in Massachusetts, the Plymouth fur trade had virtually disappeared. How did this happen?
Emersonian Individualism
We’re better off judging Emerson on the basis of his words, which could be called libertarian.
War Collectivism in World War I
WWI served as the model, the precedent, and the inspiration for state-corporate capitalism for the remainder of the 20th century.
Decline of the Great Tradition
Our institutions have conducted among themselves a grand competition for numbers — on ruinous terms.
Thomas Jefferson’s Free-Market Economics
Jefferson was disillusioned by the public debt, high taxation, government spending, flood of paper money, and bank monopolies that accompanied the war.
Thanksgiving and Marginal Utility
Why is it that men become less thankful as their blessings increase? Marginal-utility theory helps us understand.
