The first English settlers in America learned a hard lesson about socialist economics in the early years of their new colonies as they faced starvation. Once they embraced free enterprise,…
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Patrick G. Eddington US Sen. Mark Kelly (D‑AZ). In mid-July 1941, anti-interventionist Senator Burton Wheeler (D‑MT) sent 1,000,000 postcards to Americans across the country, urging them to write President Franklin…
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Editor's PickInvesting
Your Fridge Is Bigger and Cheaper Today, Thanks to Global Trade and Innovation
Jeremy Horpedahl In the summer of 2024, a passage from J.D. Vance’s memoir Hillbilly Elegy gained widespread attention on social media platforms, including X/Twitter. Vance described his refrigerator from the 1980s, asserting…
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Realtors seem to think that rage-quitting the market will somehow make prices go up. Things won’t go the way they hope.
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It is unimaginably cruel to demand that Ukraine keep fighting our proxy war down to the last Ukrainian.
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As the economy worsens, expect to see more articles from legacy media about how saving money is actually bad for the economy. It’s an old Keynesian myth.
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Europe’s eye-watering tax levels are a leading cause of stagnation of European economies, as well as the symptom par excellence of statist gluttony.
The worst bubble in human history is the government spending bubble, up from about 8 percent of GDP in 1900 to about 40 percent of GDP today. Column by Christopher…
At 3 percent inflation over an 80-year lifetime, prices will multiply by a factor of more than 10. A dollar will become nine cents, but we would be told that…
50-year mortgages are likely to increase the likelihood of more “owners” becoming underwater and walking away from their mortgages. This will lead to more bailouts for the financial sector. Taxpayers…