This article delves into the real cost of war as explained by Joseph Salerno in his book Money: Sound and Unsound. Contrary to Keynesianism, war destroys wealth and destroys an…
While attempts to eliminate USAID are garnering a lot of publicity, the truth is that the foreign aid budget needs even more cutting that the Trump administration is willing to…
From the Middle Ages to Rousseau to the Industrial Revolution to Trotsky, historian Ralph Raico provides a refreshing free-market analysis of political thought.
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…
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…
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…
From the Middle Ages to Rousseau to the Industrial Revolution to Trotsky, historian Ralph Raico provides a refreshing free-market analysis of political thought.
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.”
