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ProgressivismSocialismU.S. HistoryWar and Foreign Policy
In the 1950s, McCarthyism targeted people who were accused of supporting Russia. Today's McCarthyism targets people accused of supporting … Russia. Some things never change.
Money and Banks
June was the fifteenth month in a row during which price inflation outpaced earnings growth. June's gap is also among the biggest we've seen in decades.
Bureaucracy and RegulationDemocracyEconomic FreedomSocialism
Once wealthy Argentina has suffered under one interventionist regime after another for nearly a century. What are the prospects for changing things for the better?
The FedInflationU.S. Economy
The Keynesians running our economic life may be reassured that the Fed cannot fail in a technical sense, but the public should be appalled.
During May 2022, year-over-year (YOY) growth in the money supply was at 6.97 percent. That's down from April's rate of 7.25 percent, and down from May 2021's rate of 15.4 percent. The growth rate peaked in February 2021 at 23.12 percent.
Bureaucracy and RegulationCapitalismCronyism and CorporatismDemocracyLaw
The New York Times claims that the "administrative state"—that is, governance by unelected bureaucrats—protects our country and enhances democracy.
The West Indies played a vital role in growing the British economy in the eighteenth century.
More than sixty years after being "liberated" by Fidel Castro and communism, Cuba has become a large slave state where people enjoy little freedom.