By their nature, free markets promote harmony between people and increase overall standards of living. This view is radically different from the ones promoted by Marxists who...
Organizations like the European Union and the United Nations are inventions of government elites and are designed to serve the interests of government elites. They centralize political...
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 our recently refurbished...
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 law of supply...
While monetary authorities and the government claim that they are “fighting inflation,” the truth is that inflation is an important tool for political and economic elites who...
President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the law of supply...
What should economists do, and are we doing it?
While many people have declared the US Constitution to be “crystal clear” on issues of governance, the truth is that much of what the Constitution says is...