U.S. EconomyU.S. History
People aren't spending as much as they used to on automobiles. But there are still plenty of buyers willing to go into debt for a well-equipped car.
Monopoly and Competition
Donald Trump is wrong. Amazon isn't ruining the postal service. The postal service can do that all by itself.
U.S. HistoryWar and Foreign PolicyInterventionism
LBJ wanted to be remembered for his Great Society legacy. And he has his wish.
From the ArchivesAustrian Economics OverviewPhilosophy and Methodology
Methodological individualism is a precious tool for historical analysis. But it is not a foundation of economic theory.
The Soviet economy was such a mess that regular infusions of new technology and capital from the West were necessary to avoid total economic meltdown.
U.S. HistoryWar and Foreign Policy
The authors of the Constitution were clear that the power to declare war was limited to Congress. It's important to understand why.