The U.S.A. has been bombing Iraq for 29 years. And it looks like it’s not over yet: Iraq War I: January—February 1991 (aka The Gulf War, Operation Desert Storm, liberation of Kuwait) Iraq War I 1/2: February 1991—March 2003 (The rest of Bush I, Bill Clinton years,...
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’...
When Austrian economist Friedrich A. Hayek (1899–1992) wrote his famous book The Road to Serfdom (1944) in the midst of the Second World War, he mentioned in the preface that he had often been told by his socialist colleagues that he would, no doubt, hold an important...
Ludwig von Mises famously argued that people must choose between outright socialism and unfettered capitalism, because there is no coherent “middle ground” between the two. The allegedly reasonable compromise of a highly interventionist state — where the authorities...
Part of the economic debate in Latin America, particularly in Argentina after the elections, focuses on what type of financial and trade relationship is most convenient for the region, and several discussions consider the merit of strengthening relations with China...
Denver is jumping on the plastic bag tax train, joining ranks with New York, California and several other Colorado jurisdictions, but will the bag tax be effective at changing habits or improving environmental conditions? Admittedly, there are far worse tyrannies to...
On FPF #434, I update the most important news of the last week. I discuss Kim's upcoming end of year deadline and what could happen if the US fails to engage North Korea in meaningful talks. Trump signed the 2020 NDAA this week. The bill will sanction European energy...
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