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The New York Times recently ran a detailed report on US involvement in the Ukraine-Russia war and—surprise!—the Biden administration regularly lied to American voters...
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In the world of private enterprise, business owners pay attention to costs already incurred that cannot be recovered, also known as “sunk costs.” Government...
The Fed is now hemmed in by a rising risk of stagflation. It doesn‘t know where the economy is headed, or is unwilling to...
Like presidents before him, Donald Trump is using the IRS as a weapon against organizations he doesn‘t like. Richard Nixon did the same thing—and...
Lately, James Lindsay has burned much of his credibility in attacking largely non-interventionist right-wingers as “Woke Right.”
The New York Times recently ran a detailed report on US involvement in the Ukraine-Russia war and—surprise!—the Biden administration regularly lied to American voters...
Americans like to believe that the US is a wealthy, indestructible country, but as government debt piles up and inflation ravages the economy, perhaps...
We spend very little time and effort learning about what the hundreds of government agencies are doing. Agencies like the Fed exist to exercise...
By their nature, free markets promote harmony between people and increase overall standards of living. This view is radically different from the ones promoted...
Organizations like the European Union and the United Nations are inventions of government elites and are designed to serve the interests of government elites....
We’ve just released the first two video lectures in Jonathan Newman’s new online course based on Dr. Murphy’s Lessons For the Young Economist, on...
Totalitarian bureaucracy necessitates a constant state of crisis and there is no better creator of crises than imperial machinations.
The greatest innovations don’t emerge from a checklist; they arise from an obsession with understanding something that others overlook.
President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the...
While monetary authorities and the government claim that they are “fighting inflation,” the truth is that inflation is an important tool for political and...