The Failure of Fixed Rates
The inability of governments to maintain fixed exchange rates in the face of opposing market forces is only further proof of their impotency.
Fiscal Theory
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When State-Subsidized Industries Attack
The corn, sugar, and ethanol industries in the US are all part of a complex system of government subsidies and other favors, writes Dave Albin.
Economics, Politics, and the Coming Collapse of the Elderly Welfare State
In this article James Rolph Edwards discusses the United States economic system and social security.
Volume 17, Number 1 (2003)
An Interview with James Buchanan
Volume 9, Number 1 (Fall 1987)
James Buchanan is interviewed on his recent award of the Nobel Prize in Economics.
W. H. Hutt’s Pen Falls Silent (Full Edition of Vol. 9, No. 3)
Volume 9, Number 3 (Spring/Summer 1988)
Morgan O. Reynolds discusses W. H.
Monetary Policy and Capital–Based Macroeconomics: An Empirical Examination for the United States (1963–2012)
This paper provides an empirical investigation of the role of monetary policy in the determination of interest rates and consumption as developed by capital-based macroeconomics
George Stigler and the Myth of Efficient Government
This article argues that while there are a few transparent similarities between politics and markets, the fundamental differences between them rend
The Costs of Public Income Redistribution and Private Charity
Most academic participants in the ongoing debate over income redistribution are aware that it is not possible, ever, for government to tax one set
