The US dollar is not the world’s “reserve” currency because of responsibility on behalf of the monetary authorities. Instead, the dollar’s “strength” wages…

The Wall Street Journal reported on September 22 that Turkey’s central bank cut that country’s benchmark interest rate to 12 percent from…

Along with Douglas Diamond and Philip Dybvig, Ben Bernanke was awarded the Nobel Prize in Economics today. The three have written extensively…

“At the rate things are going, we are all going to end up working for the Japanese.” —Lester Thurow, MIT economist, 1989…

Progressives are fond of telling us that we are under a “social contract” with the government, in effect justifying whatever abuses authorities…

Although the field of experimental psychology has a very dubious track record in meeting scientific standards, it is nevertheless continually used to…

Fortunately, the world is composed of many separate states, which enables “disobedient” residents in one state to escape to others, and fleeing conscription…

Ukrainian president Volodymyr Zelensky recently announced a drastic tax cut. The program, entitled 10-10-10, is designed to lower taxes and encourage residents…