Power & Market

Historians still ponder why, despite its dominance in prior centuries, China failed to industrialize before Europe.

Societies are more prosperous when citizens produce and innovate without government intervention.

Frank Buckley, a professor at Scalia Law School, thinks we should take secession seriously.

The Wall Street Journal (WSJ)

Peter Schiff is a well-known critic of bitcoin, and while he is an excellent resource on many economic and political topics, he misses the mark on

What is the evidence for the plethora of bureaucrats who want us to worry more? Observe the massive outpourings of these "worrycrats"—over TV, radio, and in the press—about lung cancer, heart failure, mercury, seat belts, and more. 

Federal income taxes are almost entirely about control and not revenue. The byzantine rules and selective enforcement are perfectly designed to keep ordinary people with limited means in mortal fear of the IRS.

Right now there’s a big debate happening in economic circles about, is the economy overheating with all of this fiscal stimulus, are th

"Since the Fed cannot measure or even clearly identify the effect of its intervention, it becomes impossible to say whether the intervention was a successful endeavor."

Pregnant Nicole Harper was doing what she was supposed to do: she was slowing down and signaling that she was looking for a safe place to pull over. That's when a state trooper decided to flip her car over.