World History

Ludwig von Mises writes on how Carl Menger foresaw the destruction of Europe due to its rejection of capitalism and classical liberalism.

Some NATO members are hinting that they're not really willing to fight wars for the sake of other NATO members. 

Between conflicts with Eastern Europe, and the threat of a Birtish exit, the EU has some real problems. 

If our "representatives" in Washington cared anything for fiscal responsibility or keeping costs under control, the US would leave NATO immediately, or at least take a small step in the right direction by expelling Turkey from NATO, ASAP.

Compared to the golden age of innovation, now maligned as the "Gilded Age," technological innovation has slowed considerably. But, it doesn't have to be this way, if we can only get the state out of the way.

A century of altering the social and economic life in the West: World War I.

Following the discovery of the Americas, Spain began a 300-year period of booms, busts, war, and mercantilism. Only in the eighteenth century did the country begin to find prosperity through liberalization of trade and private property.

The Swedish welfare state long ago created a rigid and dysfunctional labor market. But now, the influx of immigrants is highlighting just how poorly the Swedish labor market works.