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    Randall Wray’s MMT Lecture Distorts History

    by April 18, 2025
    by April 18, 2025

    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…

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  • Politics

    Public Unreason: Making Sense of Nicholas Wolterstorff

    by April 18, 2025
    by April 18, 2025

    In Nicholas Wolterstorff‘s Understanding Liberal Democracy, he assails a vastly influential school of thought in a way that libertarians will find useful.

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  • Politics

    Free Markets, Entrepreneurial Error, and the Nico Iamaleava Saga

    by April 17, 2025
    by April 17, 2025

    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…

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  • Politics

    Trump’s Insane Tariff Policy

    by April 17, 2025
    by April 17, 2025

    The last excuse that diehard defenders of President Trump’s tariff policies have advanced now lies in ruins.

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  • Politics

    Zillow Forecasts Falling Home Prices

    by April 17, 2025
    by April 17, 2025

    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.

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  • Politics

    Trump Wants Even More Military Spending

    by April 17, 2025
    by April 17, 2025

    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…

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  • Editor's PickInvesting

    Can Private Foundations Replace Federal Funding of University Research?

    by April 17, 2025
    by April 17, 2025

    Jeffrey Miron and Peter Van Doren From Peter Van Doren: My colleague Jeffrey Miron recently argued that the federal government should not fund research. Here I ask a slightly different question: Are…

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  • Politics

    Fancy Houses, Wealth Inequality, and a Lesson in Humility

    by April 17, 2025
    by April 17, 2025

    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…

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  • Politics

    The Great Pretenders: The 50th Anniversary of Hayek’s Nobel Prize Speech

    by April 17, 2025
    by April 17, 2025

    Post Content

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  • Editor's PickInvesting

    Feds Can’t Regulate “Ideological Diversity” at Schools Like Harvard

    by April 17, 2025
    by April 17, 2025

    Walter Olson No civil rights law on the books requires “viewpoint diversity” in university admissions or hiring or creates a protected class of students or faculty based on ideological views.…

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