World History

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.

When anti-capitalist leftists expound on the evils of "neoliberalsm," they are usually just attacking freedom and free markets in general.

In the wake of Brexit and other referendum votes that go against the leftist political orthodoxy, elites have decided democracy is a problem.

Cato's Letters 69 and 70 focused on the British election of 1722. But they also provide useful insights Americans should consider this November.

Compared to Europe and Asia, the "frontier states" of the Americas really are something different.

The claims about a "moneyless" utopian village in India turn out to be false. No one with an understanding of economics should be surprised.

Governments hate decentralization, and politicians like Hillary Clinton hate it too.