World History

State regulation of marriage—and the ensuing secularization of marriage that followed—is a historical development that was part of the larger trend toward the expansion of state power.

The whole system of priorities, allocations, quotas, and licenses causes endless delays, keeps efficient concerns from expanding, and keeps inefficient concerns in business.

Long before there was the infamous German inflation of 1923, the Reichsbank created the scenario of monetary debasement.

For families and friends gathering for Thanksgiving this year, many will assemble in a room called the "dining room." This is a modern luxury made possible by the bourgeois merchants of old.

The standard line from progressives is that free markets usually fail in developing countries. The economic numbers tell a much different story.

The Pilgrims tried socialism at Plymouth. After two years, they returned to private enterprise. Likewise, Israel was founded as a socialist state but has back turned toward free markets.

Europe is in crisis, thanks to its progressive leadership. Václav Klaus, former president of the Czech Republic, points out the problems and offers a remedy: free markets.

Lutheran theologian Reinhold Niebuhr attracted numerous followers in postwar America in part because of his attacks on the free market. Perhaps he should have read Mises.

The standard line from progressives is that free markets usually fail in developing countries. The economic numbers tell a much different story.

Roman Keynesianism that ruined the empire and destroyed the Roman economy.