World History

Recent defeats for left-wing governments in Latin America are a good thing, but the region has a long way to go in embracing free markets.

It was in Europe — and above all, America — that human beings first achieved per capita economic growth over a long period of time.

The recent Italian vote helped to get rid of a pro-EU prime minister. Unfortunately, Italy is not much closer to the pro-market revolution it needs.

American's should worry less about companies leaving for oversees, and more about how government is eroding their freedoms.

Under Castro, Cuba has really been two Cubas. There is relative abundance for the ruling class, and cruel, enforced poverty for everyone else.

Even with all the information available to us today, many still seem to have a distorted view of history when it comes to the "Comandante."

Not realizing that markets merely reflect the values of consumers, theologian Harvey Cox imagines that markets somehow force consumers to shop.

Deirdre McCloskey contends that ideas — not capital accumulation or material resources — have caused widespread economic development.

The decline in industrial production is in many ways the product of government interventionism.

Populism is a strategy that may be used by any ideological group whose political agenda differs radically from that of the ruling class.