Libertarians have long held the view that free trade is an absolute net benefit. There is no economic model demonstrating that barriers to trade increase aggregate wealth. Free trade as a net benefit is actually one of the few areas where economists of every school of...
The header image for this article comes from a mural featured at the library of the University of Oregon. It is set to be replaced because of an accusation of being ‘racist’. The incident is a reminder that our intellectual heritage as members of the ‘American race’...
Something that VIA frequently gets requests for is help with rent payments. Why is it difficult for so many people to afford housing? The standard answer is that it’s those lazy landlords, sitting on piles of money and smoking cigars, who are to blame. This seems to...
California — It’s been two years since California began licensing businesses to sell legal marijuana. Unfortunately, however, the legal scene is far outmatched by the black market and the state government is 100% responsible. Instead of reacting to the negative...
In various writings, Milton Friedman argued that there is a variable lag between changes in money supply and its effect on real output and prices. Friedman held that in the short run changes in money supply will be followed by changes in real output. However, in the...
On Thursday night, a US drone carried out an airstrike against the Baghdad International Airport, killing seven people, including top Iraqi officials and Iran’s top Gen. Qassem Soleimani. The Pentagon confirmed that the attack was carried out on orders of President...
Twenty years into the 21st century, and what do we have to show for it? Government corruption, tyranny and abuse have propelled us at warp speed towards a full-blown police state in which egregious surveillance, roadside strip searches, police shootings of unarmed...
On the outskirts of the Baghdad International Airport, a US drone attacked a delegation including the top figure in Iraq’s Popular Mobilization Units (PMU), killing him as well as several others, including Iran’s Quds Forces commander, Gen. Qassem Soleimani. The White...
