[A selection from “The Objectives of Economic Education” in Economic Freedom and Interventionism.] The struggle between the two systems of social organization,…
The Free Market 24, no. 12 ( 2004) The democracy of the market is not the democracy that Plato spoke…
Throughout much of human history, a political ruler was often considered to be only as good as his ability to…
[This article is excerpted from chapter 17 of Human Action.] Men have chosen the precious metals gold and silver for…
What does it mean to act “on the margin” or to think in terms of “marginality?” Economists use the term…
In November 1837, rebellion stirred in the British colonies of Upper and Lower Canada (modern-day Ontario and Quebec). In Lower…
[This article is part of the Understanding Money Mechanics series, by Robert P. Murphy. The series will be published as a book…
The planned economy was all the rage in 1937, when Prentice-Hall published a 1,000- page tome on The Planned Society:…
Upon the collapse of the Soviet Union, Soviet foreign spokesman Gennadi Gerasimov warned the United States, “We have done the…
For many a sign of a modern economy—and for those who know better, a cause of grief—Mexico’s peso comes from…