The Inevitable Failure of Socialism
Among the most important articles ever written in economics is Ludwig von Mises’s 1920 paper “Die Wirtschaftsrechnung im sozialistischen Gemeinwesen”...
Economics
Treason and Its Misprision
The U.S. Constitution defines only one criminal act, treason, and does so in such a way as to deliberately restrict...
The Logic of Civic Irresponsibility and the War on Terror
Propaganda seems like an all too normal part of the relationship between a people and their government. Leaders sometimes need...
Angry about Unspent K-12 Education Funds? Support ESAs.
The great Virginia statesman John Randolph of Roanoke, a passionate advocate for education and a devotee of limited government, once...
Consumer Sentiment Improved Slightly but Remained Low in Early September
The preliminary September results from the University of Michigan Surveys of Consumers show overall consumer sentiment rose slightly in early...
The Tragedy of 9/11 and the Afghan Debacle
The American people have been sorrowfully marking the 20th anniversary of the disastrous events of September 11, 2001, when a...
And Secure the Blessings of Liberty
On this Constitution Day, 2021, I again write about the crucial importance of the Preamble to the proper interpretation of...
Constituting Constitutional Economics
Last time we framed the quest for good governance as constitutional political economy in action. Now we’re going to explore...
Spendthrift Uncle Sam No Longer Can Afford to Run the World
Virtually no one in Washington even pretends to be concerned about federal spending and deficits anymore. The Biden administration is...
Born Unequal: Pondering the Natural Lottery
Paige Harden is a University of Texas-Austin behavioral geneticist who does not deny that inborn determinants of IQ can result...
Core Retail Sales Post a Strong Gain in August
Retail sales and food-services spending rose 0.7 percent in August following a 1.8 percent drop in July. The three-month annualized...
Weekly Initial Claims for Unemployment Benefits Rose but the Four-Week Average Fell
Initial claims for regular state unemployment insurance totaled 332,000 for the week ending September 11, a rise of 22,000 from...
