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The Federal Reserve has welcomed the New Year by more of the same. As government spending continues to explode, the Fed enables it with...
Bob looks at the misconceptions and misuses of GDP accounting, explaining why this widely accepted metric often paints a misleading picture of economic health.
Americans and Cubans have been deprived of trade and travel. Who benefits?
The “One-China” policy assumes Taiwan to be a runaway province. The people of Taiwan, however, see their country as sovereign, and their reasons have merit. Original...
Javier Milei is trying to undo the damage created by nearly a century of socialism in Argentina. Mises, Rothbard, and Hayek were good teachers....
While South Africa’s political authorities pursue genocide accusations against other countries, those same leaders are destroying the nation’s economy and basic infrastructure. This is...
There will be life after Trump one way or another, but in the long run, it seems as though the ruling party always wins....
In 2022, Michigan Gov. Gretchen Whitmer used political favors and government grants to maneuver thousands of workers into jobs producing electric trucks. But consumers...
Some economists believe that the balance of payments is what determines currency exchange rates. In fact, exchange rates are always about the purchasing power...
Another Pentagon audit, another massive failure. But the Pentagon’s problems are not just simple accounting. They reflect the reality of an unaccountable rogue empire...