Politics

Kennedy had become deeply suspicious of the CIA and other American intelligence agencies. They had given him bad advice about Cuba, which almost got us into a nuclear confrontation with Soviet Russia.

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There’s a new sheriff in town, and that spells trouble for the vast federal subsidies that undergird much of higher education. With more universities becoming R1 research institutions, the competition for dwindling federal dollars will change the higher education landscape.

Six hundred years before Carl Menger wrote his Principles, Thomas Aquinas was writing about the role of subjective valuation in economic exchanges. His work helped lay the groundwork for further advances in economic theory.

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From the Middle Ages to Rousseau to the Industrial Revolution to Trotsky, historian Ralph Raico provides a refreshing free-market analysis of political thought.

Belief in the fairy tale known as Modern Monetary Theory not only is endemic in US academic and government circles, but is also making headway in Great Britain. We are being forced to learn all over again the lessons of inflation.

International organizations like the EU and UN are creations of states and serve the states’ elites. We can’t “improve” them or make them more “efficient.”

By their nature, free markets promote harmony between people and increase overall standards of living. This view is radically different from the ones promoted by Marxists who believe that only “class interests” matter.

Boom, bust, repeat. The Fed fuels bubbles, and now we’re watching them pop. Mark Thornton joins Scott Horton to dissect the economy’s next moves.