Samuelson Friedman: The Battle over the Free MarketBy Nicholas WapshottNorton, 2021367 pages Nicholas Wapshott is a British journalist and biographer with a strong interest in economic theory. He says that the Nobel laureate Edmund Phelps is his mentor. One theme in

White House press secretary Jen Psaki claimed in a recent press briefing in response to Biden’s intent to raise taxes on large companies that “[t]here are some who argue that, in the past, companies have passed on these costs to

Yuri Nicholas Maltsev is an Austrian school economist and economic historian from Tatarstan. He earned his BA and MA degrees from Moscow State University and PhD in labor economics at the Institute of Labor Research in Moscow. Before defecting to

I assume that you know how the banking system developed and how the banks could improve the services rendered by gold, by transferring assets from one individual to another individual in the books of the banks. When you study the

“Happy families are all alike,” goes the Leo Tolstoy quote from the Russian classic Anna Karenina, “but every unhappy family is unhappy in its own way.” The same can be said about government-focused technocrats and their central planning tendencies: all happy

It may come as a surprise—though it should not—that one of the very first acts of the new Congress, under the Constitution, was a tax program at least as great as the one imposed on the colonies by Great Britain.

The reductive and lazy dismissals of the possibility of bringing about free-market systems of healthcare, in addition to the administrative and legislative hurdles imposed by government agencies, have all been brought into the limelight in the wake of the pandemic.

The most common misunderstanding about economics is that it is only about money and commerce. The next step is easy: I care about more than money, and so should everyone, so let's leave economics to stock jobbers and money managers

One narrative currently being circulated in support of vaccine mandates is that unvaccinated people will cause an undue strain on the healthcare system because they are more likely to contract covid-19 and take up hospital beds that could be used