World HistoryPhilosophy and Methodology
"Liberalism" has always been the proper name of the ideology of freedom and free markets. But almost from the beginning, illiberal theorists claimed the name for themselves.
Free MarketsProtectionism and Free Trade
Bureaucracy and RegulationThe Environment
Hikes to minimum mileage requirements make cars less affordable while doing little to improve air quality.
World HistoryPolitical Theory
Philosophy and Methodology
Economics is not like the physical sciences, and reasoning and analogies based on the physical sciences are often misleading in economics.
Book ReviewsBureaucracy and RegulationMedia and CulturePolitical Theory
Big GovernmentU.S. HistoryOther Schools of Thought
There is good reason to study Keynesianism: It helps us understand what the policymakers in government are likely to do in any given circumstance.