Price Controls Have Failed for 4,000 Years—and Humans Still Haven’t Learned
The people of ancient Eshnunna can be forgiven for not understanding why price controls are harmful. Today’s policymakers, who have...
Are Cryptoassets The Great Scam?
At the New York Times, Paul Krugman writes that cryptoassets are a “Great Scam,” with all cryptoassets worthless. He even...
Economies and War
The American economy, the largest and most dynamic in the world, is a geopolitical issue. And right now, it is...
In the Beginning: The Mont Pelerin Society, 1947
Seventy-five years ago, there occurred an important event in the post–World War II revival of free-market liberal ideas. Over the...
Who Was Frederic Bastiat?
The Bastiat Society is a global network and outreach program of the American Institute for Economic Research (AIER) committed to...
Systemic Risk Regulation and the Myths of the 2008 Financial Crisis
The conventional story about the 2008 financial crisis is that, after the so-called “shadow banks” made too many risky bets,...
The Fed’s Doomsday Prophet Has a Dire Warning About Where We’re Headed
Thomas Hoenig doesn’t look like a rebel. He is a conservative man, soft-spoken, now happily retired at the age of...
