No one must profit from the misfortune of others. I have heard and read such assertions many times, virtually any time there is an emergency or disaster anywhere, or whenever some good involved is considered by someone as essential or something

This week, Jordan Peterson released an interview titled, “Is Property Theft?”, with Austrian economist Robert Murphy. The conversation was fast and exciting, with a lot of references to books, articles, and other ideas from Austrian economics thrown in. Since this is likely

In the Rothbardian-Hoppean school of libertarianism, all legal disputes come down to property rights and contractual obligations. Therefore, there is much discussion about originary property rights (stemming from homesteading unowned land) and about who has rights to places that people

The July/August 2021 Cato Policy Report hosted a friendly debate between Cass Sunstein and Mario Rizzo. Sunstein is a Harvard Law professor, a onetime member of the Obama administration, and coauthor of Nudge and other books advocating public policy applications of behavioral economics. Rizzo

Sunday’s news reports that the Biden Administration mistakenly killed nine members of one Afghan family, including six children, in “retaliation” for last week’s suicide attack which killed 13 US servicemembers, is a sad and sick epitaph on the 20 year

The New York Times recently published a piece entitled “When Kmart Moved Out, Churches and Flea Markets Moved In.” The article, penned by Kevin Williams, provides an instructive subtitle: “The retailer’s former stores are being used by tenants that might

Recent macroeconomic data from the United States should worry us. Amid the reopening and the biggest fiscal and monetary stimulus in recent history, and with all the possible tailwinds from policy decisions, consumer confidence has plummeted to the lowest level since 2016. Retail

At this point, most everyone is now familiar with a certain narrative about China. Namely, the narrative about how China will soon be the most economically powerful country in the world, and how its military power will soon eclipse that

How is it that America became a “strong but limited” government, and the world’s richest and most free country? That is the central question both considered and answered by Luigi Marco Bassani in his new work, Chaining Down Leviathan: The

A few months ago US national debt exceeded $28 trillion. This number is certainly the one economists usually work with, but does this figure capture a long-term perspective? In March 2021, the Department of the Treasury published the 2020 Financial Report of