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"Mercantilism encouraged governments to create and prop up inefficient domestic sectors, and incentivized merchants to curry favor with governments to extract privileges from them." ~ Samuel Gregg

Have you ever wondered if there’s a single number that will tell you when you’ve “made it” financially? There is one in fact: the “4% rule.” The 4% rule is a rule of thumb used by most financial advisors that withdrawing a…

"In The Theory of Moral Sentiments, Smith placed free markets in the context of other factors that make up a well-functioning society. One of those factors, one that stands on an equal-though-separate footing with…

"We have so much more today than previous generations, and any discretionary income we can derive from the work that we perform allows us to pursue the activities that we are passionate about. When we work hard, we love…

"Volcker’s victory over runaway inflation was not permanent, because the temptation to governments and their central banks of excessive printing, monetization of government deficits, and levying inflation taxes is…

President Joe Biden recently announced, with great fanfare, his Cancer Moonshot initiative.

"The cancellation narrative is reinforced by advocates talking about the benefits of the debt relief, while remaining silent about its costs. There is no such thing as debt cancellation. The loan will be repaid. The only…

"No data or sets of graphs, regardless of how carefully constructed and intelligently interpreted, can convey a complete picture of an economy. Yet, such data can convey important information, which is often the opposite…

"An old adage of management is that you can’t improve or fix what you don’t measure. Our diagnostic is a first attempt to create a simple way to measure the scourge of DEI ideology in American higher education." ~…

September has arrived and many children are back in public schools (though fewer than previous years). At a recent event, one parent joked to me we’re now officially in “vaccine season.” The comment made me laugh, but there’s…