Congress Overspends, but the Fed Inflates

Marriner S. Eccles Federal Reserve Board Building in Washington DC Writing in The American Conservative, Rep. Josh Brecheen (R-OK) recently blamed inflation on irresponsible

Hayek and the End of Truth 

Adolf Hitler waves to German citizens from the head of a parade. On January 30, 1933, young Friedrich August von Hayek, then

The Carbon Offset Dilemma

Acres of protected forests may allow companies to claim net-zero emissions. Last year’s UN Climate Conference (COP28), was described as an “open-air

Income Inequality Rightly Understood 

French economist Thomas Piketty Senators Elizabeth Warren (D-MA) and Bernie Sanders (I-VT) have long advocated wealth taxes on unrealized capital gains, in their

Tariff Truths

“Uncle Sam gets a reassuring view of what the new tariff will do to him” Puck’s Magazine, 1913. Library of Congress. In a

Unleashing the Power of Free Markets

First car with an internal combustion engine. Benz Patent-Motorwagen, 1885. Four hundred years ago, King James I of England convened his last parliament,