Does Libertarianism Require Support for Open Borders?
Dave Smith makes the Rothbardian/Hoppean case for government restriction on immigration, arguing that it's a second-best solution given the undeniable fact of
US States Have a Long History of Defaulting
The American bankruptcy show of the twenty-first century continues unabated with federal and state government spending. History reveals that some states have
Misunderstanding Both Lincoln and Basic Economics
Our Ancient Faith: Lincoln, Democracy, and the American Experimentby Allen C. GuelzoAlfred A. Knopf, 2024; 247 pp. Allen Guelzo has been carried away
Hubris Runs Rampant at the Fed
Prices will always increase, some small banks will fail, and the Fed was asleep at the switch when the run on Silicon
Welfare for Migrants Ensures the Border Crisis Will Continue
Earlier this month, The New York Post reported that the mayor of New York is giving away pre-paid cash cards—each carrying "up
Another Reason Why Individual Freedom Is So Much Better than Central Planning
Much of the developed world is slipping into a hyperregulated malaise. Growth rates are down across most major economies, and the developing
They’ll Never Pay Down the National Debt
Ryan McMaken and Tho Bishop talk with Jane Johnson about why the feds will never pay down the debt. Instead, they have
Do Human Emotions Better Help Us Understand Economic Analysis?
According to behavioral economics (BE), emotions play an important role in an individual’s decision-making process. For example, if consumers become more optimistic
The Homo Economicus Myth
Among the larger albatrosses burdening the economics profession is the idea of Homo economicus. To this day, most economics undergraduates hear about