Editor's Pick
Six hundred years before Carl Menger wrote his Principles, Thomas Aquinas was writing about the role of subjective valuation in economic exchanges. His work...
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Tuesday’s stock market action marked a reversal in investor sentiment, with the broader indexes closing lower. The S&P 500 ($SPX), Nasdaq Composite ($COMPQ), and...
Charles Rist was an economist of nearly a century ago who recognized the dangers behind President Franklin Roosevelt‘s attempts to demonetize gold. We are...
From the Middle Ages to Rousseau to the Industrial Revolution to Trotsky, historian Ralph Raico provides a refreshing free-market analysis of political thought.
International organizations like the EU and UN are creations of states and serve the states’ elites. We can’t “improve” them or make them more...
Belief in the fairy tale known as Modern Monetary Theory not only is endemic in US academic and government circles, but is also making...
By their nature, free markets promote harmony between people and increase overall standards of living. This view is radically different from the ones promoted...