The American Revolution struck a heavy blow to mercantilism. Unfortunately, many mercantilist policies persisted under new labels: cartelization, monopoly, regulation, and taxation
The American Revolution struck a heavy blow to mercantilism. Unfortunately, many mercantilist policies persisted under new labels: cartelization, monopoly, regulation, and taxation
While state power has smothered French society for more than four centuries, the problem is becoming worse, as the government deliberately undercuts
President Trump is levying high tariffs without consent of Congress, despite the fact that the US Constitution gives only Congress the power
Before leaving office, President Joe Biden posthumously pardoned black nationalist Marcus Garvey, who was convicted of mail fraud in 1923. Like other
Marx failed to grasp that there are laws of human action that apply universally. His understanding of economics was far inferior to
Dr. Fegley is a Fellow of the Mises Institute and chair of business and economics at Montreat College. In 2023, he joined
How can we determine if a private company is a true partner of the state—truly benefiting from state power—or if the private
Through the creation of a dizzying array of regulatory agencies and appointments of favorable personnel, big business successfully established a network of
The success of the American Revolution struck a heavy blow against the mercantilist system. But unfortunately, the wound was not mortal.