Imagine a firm that sells a product—production costs are 2 ounces (oz.) of gold—only to the US, which has a 10 percent tariff ...

Modern politics does not produce people of character and certainly there are few, if any, statesmen left on the scene. John C ...

President Trump‘s recent assertions that the Fed should lower the discount rate puts him squarely in the middle of Fed ...

In The General Theory, J.M. Keynes allegedly “discredited” Say‘s Law. Of course, Keynes actually debunked a straw man that ...

The New York Times recently ran a detailed report on US involvement in the Ukraine-Russia war and—surprise!—the Biden ...

Remember that the ECB’s mandate is price stability, but inflation in the euro area has exceeded 22% in the past four years.

The most enduring economic myth of the twentieth century is the idea that FDR‘s New Deal pulled America out of the Great ...

We spend very little time and effort learning about what the hundreds of government agencies are doing. Agencies like the Fed ...

"The critical point was, again the Middle Ages, and there you had an adversarial position between the church and the state ...

Part of bringing up young children is to tell them stories and accounts about people who did the right thing, and how they ...

For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is true even ...

Despite Africa being the world‘s poorest continent, western elites are still pushing African governments to divest of ...