Voters headed to the polls Nov. 6, and for many their greatest concern was the U.S. economic situation. Although The Great Recession ended more than three years ago, growth has remained slow and job growth sluggish.

If we look at the…

Whenever I watch media coverage of another Occupy Wall Street event I am reminded of an exchange between Jewish protesters in the 1979 Monte Python movie Life of Brian. One of the protesters asks another what the Romans have brought to the…

This election is about more than who controls the Senate and House of Representatives. It is an election that gives us the chance to examine the “ideal of freedom.” The late Nobel Laureate, Friedrich Hayek, wrote about in his 1960 book, The…

In a recent Newsweek article, senior editor Michael Hirsh quoted Larry Summers who said: “Large swaths of economics are going to have to be rethought on the basis of what's happened.” Summers is correct that the recent credit crisis and…

Nearly 90 years ago Ludwig von Mises, one of the founders of the Austrian school of economics, pointed out that once government intervenes in a market it creates unintended consequences that lead to further government intervention. This process…

The solution to the current economic downturn as put forth by the majority in Congress and touted by most of the news media is for the federal government to enact a massive “stimulus package.”

This stimulus package will be weighted…