Gross domestic product (GDP) is the most common measure of national wealth and economic growth. Yet the layman—and even many businessmen and economists—is taken aback when mainstream commentators and professionals get very excited about changes to GDP, which seem to

Whenever governing elites create a new crisis, they insist that “we're all in this together.” It’s time to ignore their lies altogether. Original Article: Are We Really All in This Together?

Modern international law tends to grant a right to “remedial self-determination” only in extreme cases. Unfortunately, this position accepts that states ought to be free to violate human rights so long as the abuses fall short of war crimes and genocide.  Original Article: A Short History of the

So-called climate change is really an excuse for government to do what it does worst: intervene in our economic affairs. While government efforts will not cool the planet, they will make life more difficult for the planet’s inhabitants. Original Article: Climate Deniers Deny Socialism.

Congressional Democrats are trying to intervene in a complex and varied market they know little about but that consumers navigate without need of help. This will not end well. Original Article: Washington’s Planned Theft of Credit Card Benefits

It is a common belief that a key factor in determining the currency exchange rate is the balance of payments. An increase in imports increases the demand for foreign currency. To obtain the foreign currency, importers buy it using domestic

The new year started out on a painful note for autoworkers building electric vehicles (EVs). In the last month, thousands of workers have been laid off from General Motors (GM) and Ford plants in Michigan. Most workers involved were, or were