Public Goods, National Defense, and Central Planning
byThe competitive market economy is a powerful institutional mechanism for bringing human ingenuity, energy and creativity to bear to improve both the material and…
Essentials
Artificial intelligence
by“Sir, I think that I have at long last identified why the National Health Service is experiencing high levels of patient pressure, especially…
The Hanseatic League: An “Empire” of Commerce
byBy Marcia Christoff-Kurapovna Once upon a time there was a northern, medieval phenomenon as much the subject of universal myth and curiosity as that of…
Cradles of Capitalism: the City-States of Greece and Italy
byBy Marcia Christoff-Kurapovna There long has been a persistent academic debate as to whether an “ancient economy,” referring mainly to Greece, even existed at all. In…
We need profitability, not growth
bySince the Great depression (the 2007/8 one not the 1929 one!) the political and economic mantra chimed from every group be they political, economic…
Economic Ideas: Jean-Baptiste Say and the “Law of Markets”
byWhatever economic freedom we enjoy in the world today is due, to a great extent, to the ideas and efforts of the classical liberals…
Should diversification be primary consideration in asset allocations?
byRecently one of the most successful Wall Street investors Warren Buffet urged investors to forget about active investment and simply put their money into…
Balance of payments and the exchange rate: is there a connection?
byAccording to conventional analysis, a key factor in exchange rate determination is the state of the balance of payments. It is held that as…
Toward Tax Freedom and Justice
byImproving Tax Choice through a more democratically-just, rules-based fiscal policy. Summary Although considerable resources are expended upon attempting to influence Government spending, advocacy of…
The Economic Nationalism of Donald Trump
byDonald Trump has hardly taken his hand off the Bible upon which he took the presidential oath to preserve, protect and defend the U.S….