World News

The Keynesian Multiplier Fairy Tale

One of the myths of Keynesian theory is that through monetary injections and government purchases, an economy can spend itself into prosperity.

The Old Right Opposed Tariffs

The Old Right was a principled band of intellectuals and activists, who fought the “industrial regimentation” of the New Deal. They loathed

The Presumption of Liberty

Progressives claim that the state grants us our rights, and that liberty can flourish only in the presence of a powerful state.