6 Lessons on the History and Economics of Taxation
Here are six observations derived from both the history and economics of taxes.
BY LAWRENCE W. REED
In the first century A.D., the Roman Emperor Nero...
AOC’s Anti-Billionaire Animus Is a Threat to Us All
BY MARK W. HENDRICKSON
Last , in a Martin Luther King Day public interview, writer Ta-Nehisi Coates asked democratic socialist Rep. Alexandria Ocasio-Cortez (D-N.Y.) why he was...
Advice for Presidential Candidates from Bastiat
BY LAWRENCE W. REED
Whether conjured up by something I ate before bedtime, or by the cheesy horror flick I watched a few nights before,...
Are Recessions Inevitable?
BY RON PAUL
Stocks fell last week following news that the yield curve on Treasury notes had inverted. This means that a short-term Treasury note...
The Great Crash and Depression: 90 Years Later
It's imperative that readers get reacquainted with the politics and economics of that terrible episode in American history.
BY LAWRENCE W. REED
Ninety years ago this...
A Note On Books, by Henry Hazlit
BY HENRY HAZLIT
Economics In One Lesson, Part Three, Chapter 25: A Note On Books
Those who desire to read further in economics should turn next...
Pelatiah Webster: America’s Adam Smith and a Forgotten Founder
In 1776, the same year the Declaration of Independence appeared in America, Pelatiah Webster started publishing a series of essays on economic matters
BY LAWRENCE...
The Lesson Restated – Henry Hazlit
BY HENRY HAZLIT
Economics In One Lesson, Part Three, Chapter 24: The Lesson Restated
Economics, as we have now seen again and again, is a science...
The Assault on Savings
BY HENRY HAZLIT
Economics In One Lesson, Chapter 23
From time immemorial proverbial wisdom has taught the virtues of saving, and warned against the consequences of...
The Mirage of Inflation
BY HENRY HAZLIT
Economics in One Lesson, Chapter 22
I have found it necessary to warn the reader from time to time that a certain result...
The Function of Profits
BY HENRY HAZLIT
Economics In One Lesson, Chapter 21
The indignation shown by many people today at the mention of the very word “profits” indicates how...
Leonard E. Read on Why Means Matter More Than Ends
GARY M. GALLES, FOUNDATION FOR ECONOMIC EDUCATION
History has produced an almost endless supply of those who would remake society into the utopia they imagine....
“Enough to Buy Back the Product”
BY HENRY HAZLITT
Economic in One Lesson, Chapter 20
Amateur writers on economics are always asking for “just” prices and “just” wages. These nebulous conceptions of...
Monopoly Might Be a Zero-Sum Game, but Wealth Isn’t.
Used with the permission of the Foundation for Economic Education.
‘Justice’ Is the Word of the Year, and ‘Social Justice’ Is Its Orwellian Opposite
BY MARK W. HENDRICKSON
The Merriam-Webster Dictionary has declared “justice” its “Word of the Year” for 2018, owing to a 74 percent year-over-year increase in...
Virginia Couple Scores First Round Victory in First Amendment Fight
Army veteran and wife are suing State Council of Higher Education for Virginia for right to teach job skills
ANDREW WIMER, INSTITUTE FOR JUSTICE
Arlington, Va....
U.S. Supreme Court to Decide on Discriminatory State Laws Against Newcomers
JOHN E. KRAMER, INSTITUTE FOR JUSTICE
Arlington, Va.—Doug and Mary Ketchum moved to Memphis in 2016 with the dream of buying a business that would...
Welfare Cowboy
CHRIS EDWARDS, CATO INSTITUTE
A reporter called the other day to ask what I thought about the National Endowment for the Arts (NEA) giving subsidies...
Free Enterprise: The Key to Economic Prosperity
BY CLARENCE B. CARSON
This classic essay on economic philosophy was originally published Oct 01, 1985 in The Freeman (the then monthly print journal of...
The Politics of E15
BY MARK W. HENDRICKSON
On October 9, President Donald Trump announced that he was lifting the EPA’s ban on summertime sales of E15—a motor fuel...