Laissez-Faire Today

Where have all the workers gone? One of the most bizarre happenings in our current economic environment has been the surprising collapse of the …

My apologies for the sad tone of this piece, but a hero has fallen and we need to pay him tribute — and make …

AIG, the mega-insurer that was bailed out by the government in 2008, wants to sue the government. People’s automatic reaction: How terribly ungrateful! The …

The typical libertarian sees the world’s glass of water as half-empty. No wonder people avoid freedom lovers. While they tend to be smart and …

If you think of American wage-earners as swimmers, they were mostly underwater after 2008. Then last year, wages increased a bit. It was only …

It takes a shockingly long time for the masses of people to pick up on new realities. This is especially true if the new …

Less than 1% of the world’s gold is mined in India. The rest comes from somewhere else. Still, India can’t get enough. It is …

The great battle since 2008 has pitted the ghosts of F.A. Hayek against John Maynard Keynes. Team Keynes dictated the policies we know too …

What the home and mortgage market needs — and it will not recover until then — is a rebooting to current values. To do …

I am one of those people who has a seriously deficient sense of direction. In other words, I feel lost most of the time. …