Western Europe has been at peace for the past 80 years. Unfortunately, EU leaders have not appreciated the benefits of peace and look to promoting war. The memories of World War II have faded, but the EU seems determined to create new bad memories.
The Modern Monetary Theory (MMT) crowd prides itself on fidelity to actual history. But Murphy shows how leading MMT guru Randall Wray completely distorts his discussion of two historical episodes in his college lecture.
In Nicholas Wolterstorff‘s Understanding Liberal Democracy, he assails a vastly influential school of thought in a way that libertarians will find useful.
College football has finally experienced an athlete‘s holdout in order to leverage a hoped-for payday. In the case of Nico Iamaleava, he tried to leverage more money from the University of Tennessee but failed spectacularly. There are economic lessons to be learned here.
The last excuse that diehard defenders of President Trump’s tariff policies have advanced now lies in ruins.
Zillow, which is famously bullish on housing prices, is now projecting that U.S. home prices will fall 1.7% between March 2025 and March 2026.
Donald Trump says he plans for a big 12% jump in military spending, he has threatened war with Iran, and has escalated the war with the Houthis. None of this has anything to do with defending the United States.
We are bombarded with claims that capitalism causes inequality, yet what it really mean? In truth, in a free market economy, differences in income, even large differences, don‘t mean much since most people have a high standard of living.
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It’s going to take a lot more than some trimming around the edges to change the federal government’s current trajectory into continued $2-trillion-plus annual deficits.