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Few regions in Argentina symbolize the collapse of the Peronist model as clearly as La Rioja. This remote and impoverished province has depended for decades on subsidies distributed by the

Do increases in the minimum wage only manifest themselves in reduced employment? Or are there other not-so-visible, but also not-so-trivial, effects that should be part of the policy discussion? As

President Donald Trump should follow up on his historic "big, beautiful" tax bill with an extra booster shot for the economy by immediately indexing the capital gains taxes for inflation. There is a reasonable…

Just as an all-powerful monarch dictates what his subjects may and may not do — and just as no subject has any power to direct or constrain the monarch’s actions — consumers in a competitive market economy ‘command’ producers…

Critics often scoff at the market economists’ claim that competition fosters relentless innovation. A recent meme points to the ubiquity of chicken sandwiches across major fast food chains as supposed evidence of stagnation…

Critics often scoff at the market economists’ claim that competition fosters relentless innovation. A recent meme points to the ubiquity of chicken sandwiches across major fast food chains as supposed

“Socialism,” said the British free speech campaigner Lord Young, “Always begins with a universal vision for the brotherhood of man and ends with people having to eat their own pets.” While exaggerated, the point stands —…

“Socialism,” said the British free speech campaigner Lord Young, “Always begins with a universal vision for the brotherhood of man and ends with people having to eat their own pets.”