Political Theory

The Drug War has become a linchpin in the fight against continued federal centralization of power. Jeff Sessions is on the wrong side of the fight.

"Bugatti capitalism," typified by hyper-inventiveness and cutting-edge technological prowess that changed the course of Italian industry.

One of the most important things we can do is explain how markets, and not government intervention, are our best hope for a prosperous society.

The benefit of automation is that it leads to an increase in real wages. This was true 100 years ago, and it is still true today.

Areas where median wages are lowest are hurt the most by minimum wage increases. Puerto Rico is no exception.

When the Cuban government stole Havana Club rum from the true owners, it set into a motion an intellectual property debate that lasts to this day.

With gold reserves shrinking, and a collapsing currency, it is only a matter of time until Venezuela defaults on its foreign debt

Obama's unilateral move to create National Monuments in Western states is simply the natural outcome of allowing federal control of so much land.

Our economy is making it harder to start businesses, keep businesses, and hire people. That's a recipe for disaster.

J.B. Say was the foremost French political economist in the early 1800s, and many of his insights are important for economists today.