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The greatness of the nineteenth century consisted in the fact that to some extent the ideas of classical economics became the dominant philosophy of state and society.
Financial MarketsInflationMonetary PolicyMonetary Theory
Adherents of MMT present their ideas in the form of a hydra. Shoot down one idea and another pops up that is just as preposterous. This is no accident.
Free MarketsProtectionism and Free Trade
The African Continent Free Trade Area has the potential to serve Africans and bring about better living standards. However, it is threatened by government attempts to "manage" trade.
The Great Reset usually is framed as the reestablishment of democratic social principles. In reality, it's an attempt to do away with the last vestiges of classical liberalism.
AntipoliticsBig GovernmentBureaucracy and RegulationDemocracyProperty RightsPolitical Theory
There are two competing visions for the Right.
Bureaucracy and RegulationProgressivism
While the covid-19 pandemic brought sickness and death, another pandemic raged through Washington: abuse of executive power.
Booms and BustsThe FedBusiness Cycles
After the 2008 housing bust, the government supposedly set up a fail-safe mortgage program aimed at preventing future bubbles. It failed.
Janet Yellen, who once was the nation's chief inflationist, now says that poor women need easy access to abortion because inflation might work a hardship on them.