Chile would be even better off today had it adopted Mises-style laissez-faire over Milton Friedman's monetarism. But even a Friedmanian regime is far superior to the Keynesian economies that have ruined Argentina and Brazil.
Trump has proposed the "Space Force" as a brand new and costly military branch and bureaucracy. The reaction to his plan helps illustrate the complexity of military politics in Washington.
The 2018 Nobel Prize in economics has gone to Yale's William Nordhaus for work in environmental economics and NYU's Paul Romer for work on economic growth. Both have long been considered front-runners for...
