Laissez-Faire Today

Like the U.S., many democratic nations are suffering from permanently high unemployment, staggering public debts and budget deficits, and a deep economic recession. Although …

It’s second-term scandal season in Washington, D.C. The folks at Fox are eating it up. But over at MSNBC, not so much. First it …

“There’s an old saying in Tennessee,” the last president said in a classic George W. Bush gem. “I know it’s in Texas, probably in …

There were no cubicles, no executive suites, and no visible hierarchies of power. It was just a large open room with computers and desks, …

There are many theories to explain government. Most are nothing but scams, justifications, and puffery. One tries to put something over on the common …

Why learn economics? To know economics is to understand how the world works. Multitudes of people know nothing about the subject, and that is …

Woo-hoo! It is a wonderful thing when the good guys win one for a change. Well, it wasn’t a total win, but it gives …

In the 15th century, the highest standard of living in the world belonged to China. Places like Nanjing had reached the pinnacle of civilization …

The dream of virtually every American is to retire as early as possible. Who doesn’t want to have each and every day to do …

“Let me lay to rest the bugaboo of what is called devaluation,” Richard Nixon told his fellow Americans on Aug. 15, 1971. The 37th …