World History

By their very nature, the IMF's policies perpetuate conflict among and within the nations of the world.

A British exit from the EU would help decentralize Europe overall, and thus help the cause of freedom and free trade.

China's ruling class often reminds us of our own. Not that the editors at Time have enough self-awareness to notice.

Democratic socialism in Britain in the late 1940s brought a wave of shortages with rations falling even below WWII standards.

The Henry Hazlitt Memorial Lecture sponsored by Hunter Lewis

The modern drive to centralize European government and make a European superstate threatens to destroy what made Europe great in the first place.

Paul Gottfried discusses his recent book, Fascism: The Career of a Concept.

As with East Germany, a liberalized Cuba would still require decades to catch up to its affluent neighbors, economically. North Korea is an even more extreme case. All these cases illustrate that political changes cannot substitute for the hard work of building wealth.

People are not supposed to notice that every terrorist attack represents a major government failure and that rewarding failure with more of the same policies only invites more failure.

Truly cohesive communities can only exist on a relatively small scale. Most people outside these groups will then be seen as "outsiders." Our goal must be to minimize conflicts with these outsiders, and voluntary exchange is our best option.