Economists often concentrate on narrow technical specialties. In doing so, they sometimes fall into philosophical errors, because they uncritically take for granted…
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The chronic US trade deficit is a direct result of the dollar’s status as the world’s main reserve currency and unabated monetary…
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Minimum-wage laws are again in the news, as Joe Biden and his political allies in Congress seek to push the national minimum…
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Cyrus Poonawalla is one of India’s and the world’s wealthiest businessmen. With a net worth of $13.2 billion, the 80-year-old is India’s…
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The Electoral College as a Restraint on American Democracy: Its Evolution from Washington to Jackson
When the American colonies declared their independence from Britain in 1776, the fundamental principle underlying the new government they created was the…
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Why have prices of building materials soared while consumer prices are relatively stable? This is easier to understand once we reject the…
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According to a popular way of thinking, the central bank can influence the rate of economic expansion by means of monetary policy.…
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Peter Schiff is a well-known critic of bitcoin, and while he is an excellent resource on many economic and political topics, he…