Protectionism and Free Trade
Octavio Paz, defined government as "the philanthropic ogre," a creature that seemingly wishes to help the unfortunate, but at the same time devours more and more of the nation’s prosperity.
Money and BanksU.S. HistoryMoney and Banking
With printing of the Continental notes in 1775, Webster feared people would think you could finance the Revolutionary War by printing paper money. We should have listened!
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.