Latest Posts

Game of Theories: The Monetarists

Note: This is post #114 in a weekly video series on basic economics. A monetarist is an economist who holds the strong belief that the economy’s performance is determined almost entirely by changes in the money supply. Continue Reading...

Faith and liberty in Guatemala

To say that the history of Latin America in the twentieth and twenty-first centuries is marked by sadness and disappointment is hardly a novel insight. Whether it’s the persistence of cronyism throughout the region, the constant presence of Marxist ideology among intellectuals and in popular culture, the challenge of poverty, the crime and political violence, or the rampant populism that rears its head at regular intervals, many Latin Americans will tell you that theirs is the continent in which many things went backwards throughout the twentieth century. Continue Reading...

PowerLinks 03.12.19

The Economic Consequences of John Maynard Keynes Samuel Gregg, Law and Liberty The book which propelled John Maynard Keynes to fame 100 years ago continues, for better or worse, to shape our world today. Continue Reading...

Elites, markets and cronyism

It’s no great secret that France is facing social upheaval and has some longstanding deep-set economic problems. Nor is it revealing to say that France’s political class is despised across the spectrum as woefully out of touch. Continue Reading...

PowerLinks 03.11.19

Putting Adam Smith Back Together Samuel Gregg, Public Discourse The choices underlying marketplace transactions are more complicated and less narrowly self-regarding than we often suppose. By returning to the full corpus of Adam Smith’s writings, we can escape economistic conceptions of human beings and enhance our understanding of how market economies actually work. Continue Reading...

Who’s the true good samaritan?

Mike Weirsky, an unemployed New Jersey man, just won $273 million in the Mega Millions lottery. According to one headline he “has a Good Samaritan to thank.” Weirsky left his tickets at the store where he bought them, but someone found them and gave them to the cashier. Continue Reading...