After more than a decade of subdued consumer price inflation despite gigantic monetary and fiscal stimuli, last year’s surge in consumer prices took most central banks by surprise. First, they tried to dismiss it as “transitory” and caused by pandemic-related

The tinpot dictator Justin Trudeau thought he could extend his regime of covid tyranny, but a massive number of Canadian truckers have defied him. They have a good chance of forcing him to back down and maybe toppling his government

In December 2021, the US unemployment rate fell to 3.9 percent from 4.2 percent in the month before. The number of unemployed individuals fell by 500,000 to 6.3 million. Many commentators have expressed satisfaction with the decline in unemployment. According to

Business success is a function of knowledge — the right knowledge at the right time applied in the right way. But knowledge is always scarce and incomplete and sometimes wrong. It is best to regard knowledge as a process: continually

Last Friday, a reporter asked White House press secretary Jen Psaki to respond to the Johns Hopkins covid study showing lockdown provided no real benefit in terms of disease prevention. In response, Psaki dodged addressing the study directly, but then pivoted

The Next Civil War: Dispatches from the American Futureby Stephen MarcheAvid Readers Press, 2022; 238 pp. In this important book, Stephen Marche has disquieting news for us. America may be headed toward a civil war. We are no longer a united

[Should the state back science or even plan its progress? In this excerpt from a longer and previously unpublished study written in 1959—two years after Russia's launch of Sputnik and two years before the first manned space flight—Murray Rothbard (1926–95)

On November 15, 2021, the Austrian government ordered a lockdown for the unvaccinated. This drastic step occurred after citing low vaccination rates and the goal to decrease the risk of transmission by unvaccinated people. Just a few days after the vaccination

In response to the argument in favor of closing loopholes, Ludwig von Mises once noted that “capitalism breathes through those loopholes.” In many ways, special economic zones (SEZs) are the ultimate loophole. But, like all loopholes, they benefit the politically connected