Political Theory

The OECD has updated it's income measures, and we find that many European welfare states still rank among the lowest-income US states.

Unilateral free trade is not some utopian libertarian ideal. It is a real-world policy that has been used and which reaps economic rewards.

Deirdre McCloskey contends that ideas — not capital accumulation or material resources — have caused widespread economic development.

The decline in industrial production is in many ways the product of government interventionism.

Faith in the voting process has weakened because voters are increasingly fearful of what an electoral loss might bring.

Populism is a strategy that may be used by any ideological group whose political agenda differs radically from that of the ruling class.

The federal government is again trying to take free choice away from borrowers by imposing new regulations on short-term loans like payday lending.

A pro-tax disciple of Henry George gave us the board game we know today as Monopoly.

Federal laws against free association of dairy producers has created a deeply distorted and unresponsive market.

Gas station owners have come up with a creative way to take more of their customers' money via the power of taxation.