John Kenneth Galbraith’s The Great Crash, 1929: A Retrospective
Although John Kenneth Galbraith promoted socialism and Keynesianism, at least he was an entertaining writer. His
The Only Type of Democracy that Actually Works
Ryan takes a look at Ludwig von Mises's definition of "democracy" and how democracy only works
Federal Jobs Report Slices Total Jobs in New Revision
We already knew recent jobs reports—as far as the establishment survey is concerned, was based largely
Kamala Harris Is Not a Radical Communist, but That Makes Her Even More Dangerous
Trump has taken to calling Kamala Harris a "communist." But a real communist president would be
Reflections on the Libertarianism vs. Conservativism Debate
Deirdre N. McCloskey On July 25, more than four years after the emergence of COVID-19 and the
Have We Learned Anything New About Who Pays the Corporate Tax?
Adam N. Michel At the end of 2017, Republicans cut the federal corporate tax rate from
Krugman: Harris Hasn’t Proposed Price Controls and It’s Good That She Did
Krugman-the-textbook-author says price ceilings have terrible consequences. Krugman-the-columnist says they're "reasonable."
Finally, we’re running government like a business (a bad one)
When there is an increase in demand a business firm will increase output. In the case