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Leftist historians claim that mainstream historic accounts of the Reconstruction Era fail to give black freedmen enough credit for their postwar rebuilding role. If...
Keynesian orthodoxy claims that cuts in government spending mean less “aggregate demand,” and less “aggregate demand” leads to recessions. Economic experience, however, shows us...
The standard line for passenger rail travel in the US is that we need a government-subsidized entity like Amtrak because while there is a...
In a candid interview, economist Steve Hanke calls the Trump–Putin Alaska summit “a photo-op,” arguing Russia already holds the upper hand in Ukraine. He...
According to Statista, there were 66 billionaires in the US in 1990. That number grew to 748 in 2023. Over the same period, the...
Japan’s economy is caught between inflationary monetary policy and powerful agricultural interests. There is no easy way out.