The worst thing for a country's economy is for legislators to borrow money for deficit spending during economic downturns.

An article published in 1978, by Joan and Richard Sweeney, titled “Monetary Theory and the Great Capitol Hill Baby-sitting Co ...

For decades, “private credit” was synonymous with rigid structures and standardized term loans with fixed covenants that resembled off-the-shelf products. That’s changing. Today, wha ...

Why did Kant, Hegel, Kierkegaard, and all the great philosophers know so little about the real world? Ever heard of Eddie Levert, Sammy Strain, Frank Little, Jr., and Walter Williams? The philosophizi ...

Elon Musk is the richest person in history. He got there the same way John D. Rockefeller did. Read Full Article » ...

The penalty of an additional 10 percent in tariffs on countries that do not support his claims to Greenland (rising to 25 ...

The fallout from plucking former dictator Nicolas Maduro from Venezuela to face multiple criminal charges is plain. What will the transition look like? How much will life change for Venezuelans? How ...

Trapped in the hell of social comparison ...

A tip is a gift, but it has somehow come to be regarded as mandatory. But gifts aren’t mandatory. Tipping someone is an expression of gratitude for service valued above expectations, and because two ...

“You don’t want to send your son there because he’ll become a communist, he’ll become a drug addict.” That’s the modern consensus about elite colleges and universities, so why pay for modern education ...