Federal Spending in 2025 Is on Track to be the Highest Ever
For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is
Warren Buffett Gets It Wrong
Warren Buffett is well-known for his investment acumen, and he often makes public statements in favor of capitalism. But his loyalty to
First They Came for the Op-Ed Writers
The Trump administration continues its assault on the First Amendment and the rights of dissenters. The latest casualty is a Turkish graduate
Do Inflationary Expectations Cause General Increases in Prices?
Economists like to claim that expectations of more inflation lead to, well, more inflation. Such beliefs ignore the fact that inflation is
Britain—Like France and Spain—Is Poorer than Mississippi
Is Britain poorer than Mississippi? Taking into account welfare benefits and taxes, the answer appears to be yes, and it's yes for
Even the Inventor of GDP Statistics Knew Government Spending Was Dubious
Patrick Newman joins Bob to discuss Simon Kuznets’ role in developing GNP and GDP metrics and Kuznets’ concerns over how government spending
Free Trade with All Nations
Richard Cobden was a British champion of laissez-faire who served in Parliament. While there, he led to successful campaign to repeal the
The Saint-Simonians in Our Midst: Ben Bernanke and the GFC
While Ben Bernanke has accused free market and sound money advocates of pursuing “discredited” systems, he and his lieutenants were following a