James Grant's new book Bagehot: The Life and Times of the Greatest Victorian, reveals there we can still learn a lot from the world that existed before our modern era of central banking.
The destruction of sound money over the past century stems from actions at the federal level, but there are steps which states can take — and even have already taken — to move toward sound money.
The academic trends in recent decades demonstrate just how far academia has fallen (or, alternatively, how bad it has always been) when it comes to fashionable political agendas.
Brazil's new president has made many statements favorable to many pro-market reforms. But will he focus on economic reforms or the social conservatism favored by many of his supporters?
In the early years of the United States, legal systems were far more localized and flexible. But elites preferred consistency over flexibility, and the rich could afford the more bureaucratic legal institutions that ordinary people could not.