JOIN OR RENEW TODAY
Booms and BustsThe FedMoney and BanksU.S. Economy
Fractional reserve banking by itself undermines both the banking system and the economy. No action by the Federal Reserve can eliminate the threats.
A free society depends on certain principles, and Western thinkers—including many "dead white males"—played a major role in their development.
Taxes and Spending
Contrary to the still-enduring myth about Republican budget cutting, there is no correlation whatsoever between Republican control of DC and the trajectory of federal spending.
Bureaucracy and RegulationFree MarketsLaw
All too often, when we see a new technology we don't understand, our natural inclination is to condemn it. Artificial intelligence is no exception.
Leonard Read asked how we preserve liberty in a culture that doesn't appreciate it. Liberty cannot come through force and organization. It comes from within oneself.
Economic FreedomEconomic PolicyFree MarketsProtectionism and Free Trade
During a debate on capitalism with James Otteson, Michael Anton opined that free markets are harmful to a nation's economy. Perhaps he needs to learn economics.
"Have we not, our privileged orders, aristocrats who control, indirectly, but certainly, the political power of the state? ... If any man doubts how these questions should be answered, let him walk through Wall-street."
Economic FreedomThe EntrepreneurMedia and Culture
Individualism, while condemned in some cultures, has helped make this country economically successful. Will the influx of immigrants from cultures that devalue individualism reverse that success?