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The obsession with measuring aggregate GDP obscures how the real standard of living for many people has declined.

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There have been four gold busts under the fiat dollar money regimes since the “freeing” of the gold price in...

Many Americans are convinced that only government can provide useful science since government is supposed to be “neutral,” not corrupted...

Popular views of capitalism and free markets are not shaped by the facts, but rather by anti-capitalist intellectuals and the...

Ever since the Great Depression, most economists have claimed that the key to increasing economic growth is to lower unemployment....

The Dutch Tulip Bulb Mania of the 1630s continues to fascinate, especially given the recent asset bubbles our economy has...

What do we mean by “individualism” in the American tradition? It is not separatist or atomistic, but rather freedom from...

Mark Thornton explains why $50 silver is a psychological barrier.

Popular views of capitalism and free markets are not shaped by the facts, but rather by anti-capitalist intellectuals and the...