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Cronyism and CorporatismEconomic PolicyFree Markets
The Federal Trade Commission seeks an anti-trust judgment against Microsoft for its move to acquire Activision. Like all other anti-trust action, this one has no economic merits.
Economic FreedomThe Police StateU.S. History
The belief that a free market economy needs an authoritarian state to support it is mistaken. Mises said it best when he wrote that "freedom is indivisible."
Bureaucracy and RegulationEconomic PolicyU.S. Economy
Economists like Paul Krugman have claimed that practice of austerity in government would damage the US economy. As Mark Thornton points out, the opposite is true: austerity works.
Monetary PolicyU.S. EconomyMoney and Banking
While monetary authorities and progressives would like to have a digital currency implemented, it is a backward step for monetary freedom.
Taxes and SpendingU.S. EconomyU.S. History
America's military technocrats (a.k.a. "generals") specialize in losing wars and also losing your money. Naturally, Congress wants to give them even more taxpayer cash.
LiberalismProgressivismWar and Foreign Policy
Economist Christopher Coyne of George Mason University uses economic logic to expose the follies of militaristic US policies overseas.
Financial MarketsInflationMedia and Culture
As inflation ravages the economy, easy money is disappearing, with political and legal consequences to follow.
Free MarketsSocialismU.S. HistoryWorld History
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.