The welfare state is supposed to signal the existence of the “compassionate” society that provides care for all. However, ...

Foreign direct aid has failed to alleviate worldwide poverty. Nations with secure property rights have prospered.

Carl Menger wrote, “All things are subject to the law of cause and effect.” Unfortunately, modern academic economists all too ...

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Profits aren’t immoral—they’re necessary. Just as organisms need a net energy surplus to live, societies need profits to sustain themselves.

True enough, but, as Ardell Halvorson, the owner of Ardie’s Coins in Billings, told Aneesa Cooper, “When I started the business, [gold] was $255 [per ounce] back in 1993. So it’s gone up about 11 ...

Trump's trade war is so successful that he's planning to bail out the farmers who will suffer under the trade war.

US airstrikes on Yemen killed 95 civilians and injured 192 last week. Very little US trade requires the Suez Canal, so this is about subsidizing the State of ...

Lower income countries like the D.R. often face much higher relative costs than rich countries when it comes to dealing with waves of migrants.

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