Economy

Politicians have long assayed education in terms of economic value. In 1994, for example, Bill Clinton told educators that they were not providing youth with the practical skills they would…

In The Wealth of Nations, Adam Smith wrote, “It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost…

Villa Barton, the headquarters of the Graduate Institute of International and Development Studies Reprinted from the Future of Freedom Foundation On September 16, 1939, barely more than two weeks after…

I recently read Highway Heist, a provocative book by economist James T. Bennett. Professor Bennett’s specialty is in applying free market thinking to subjects that most people believe require government…

Reprinted from the Foundation for Economic Education Here’s a question for a PhD dissertation: How did something so radically anti-social ever get the name, social-ism? I leave that vexing matter to whoever wants…

Users have suspected Twitter of engaging in “shadowbanning” and suppressing the visibility of user accounts for years, even though the social media giant has adamantly denied the practice. Yesterday (Dec…

Total consumer credit outstanding rose by $27.1 billion to $4,729.3 billion in October, a 0.6 percent increase from the prior month. From a year ago, total consumer credit is up…

Do you want a romantic partner who loves to argue? Do you want employees, colleagues, and friends who criticize you? Do you value politicians and public intellectuals who aggressively challenge…

The preliminary December results from the University of Michigan Surveys of Consumers show overall consumer sentiment improved for the month but remains near historically low levels (see first chart). The…

For the past 77 years, the US has defended the so-called free world. Not all by itself, but almost so for much of the time. Even today, Washington does more…