A campaign by law enforcement officials, Hindu activists, and extremist politicians uses draconian anti-conversion laws to systematically target Christians across India.
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World News
Economics, at its core, is the study of cause-and-effect relationships—analyzing how scarce resources, which have alternative uses, are allocated.
Leftist historians claim that mainstream historic accounts of the Reconstruction Era fail to give black freedmen enough credit for their postwar rebuilding role. If they care about double standards, they should recognize theirs when they don‘t acknowledge black Confederate soldiers.
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Keynesian orthodoxy claims that cuts in government spending mean less “aggregate demand,” and less “aggregate demand” leads to recessions. Economic experience, however, shows us this is a false theory, something Austrian economists have known for a long time.
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The standard line for passenger rail travel in the US is that we need a government-subsidized entity like Amtrak because while there is a “need” for such service, it is impossible to provide it profitably. However, profitable travel is possible, but would require the end of Amtrak itself.
In a candid interview, economist Steve Hanke calls the Trump–Putin Alaska summit “a photo-op,” arguing Russia already holds the upper hand in Ukraine. He explains why Moscow has the leverage and what it means for U.S. strategy and global security.
According to Statista, there were 66 billionaires in the US in 1990. That number grew to 748 in 2023. Over the same period, the value of the dollar fell 59 percent. How much of this is due to policy rather than free markets?
Japan’s economy is caught between inflationary monetary policy and powerful agricultural interests. There is no easy way out.