In the first cold war between America and the Soviet Union, the two superpowers fought each other by proxy. Something similar is happening in America’s trade war with China. After conciliatory talks in Geneva and London, the two sides are no longer bashing each other with new tariffs. Instead, America is waging its war indirectly, through unfortunate third countries.
Public debate usually treats Mises’s Economic Calculation in the Socialist Commonwealth as a Cold War claim that “government is inefficient.”...
The U.S. labor market bounced back in March, with job creation much stronger than expected though the broader picture of...
In preparation for the 2026 Austrian Economics Research Conference, where I was presenting a forthcoming paper entitled “The United States:...
This month marks the 250th anniversary of Adam Smith’s magnum opus, The Wealth of Nations. The Liberty Fund print edition...
China has just taken another decisive step toward the future of money, and once again, the West is pretending this...
The latest polling data coming out on the Democratic Party is not just bad. It is historically weak, and what...
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