Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want us to ...

William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, ...

The blackout in Spain was not caused by a cyberattack but by the worst possible attack—that of politicians against their own ...

The Fed is now hemmed in by a rising risk of stagflation. It doesn‘t know where the economy is headed, or is unwilling to ...

In the world of private enterprise, business owners pay attention to costs already incurred that cannot be recovered, also ...

The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but ...

The late P.T. Bauer provided much insight into the issue of the so-called First World sending aid to Third World nations in ...

Office and Powers, 1878-1957 has argued that the Constitution is a tussle for control between the executive and legislature.

Philosophy, Dr. David Gordon reviews The Price of Our Values by Augustin Landier and David Thesmar. While the authors claim ...

In the name of fighting income inequality, pundits in the UK and US are calling for wealth taxes as magic bullets that will ...

Oh, I know, you aren’t really against free trade per se. You just demand a “level playing field.” Demanding a level playing ...

Like presidents before him, Donald Trump is using the IRS as a weapon against organizations he doesn‘t like. Richard Nixon ...