While the US Constitution made the US a large free trade zone, prohibiting states from erecting trade barriers against each other, it also empowered the central government to erect tariffs…

When the bankers called for a central bank in the US, they claimed to only want a way to stop bank runs. It turns out that they wanted—and got—much more.…

One sign of a fraying society is that its laws increasingly become political tools. The latest round involves Democrats trying to use criminal law in a very questionable way to…

A common belief among economists is that the central bank determines what interest rates should be. But is that accurate? Indeed, there is more to the story.

Contra Marx, the laws of economics are immutable and are the same no matter what historical epoch exists. Economies cannot flourish unless market prices, private property rights, and profits and…

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Very difficult economic headwinds of the business cycle are coming at us.

Historical revisionism is nothing new, and recent attempts to label an “antiracist” approach to history have wrongly been called “revisionist.” To better understand revisionism, one must first be grounded in…

While most of us know George Orwell as an authoritative critique of totalitarianism, few people know he was a committed socialist and a lifelong defender of communist Leon Trotsky. While…

Most economists are political apologists masquerading as economists. They are Rothbard’s “court historians” with degrees in economics instead of history.