• The End of Pax Americana

    America’s retreat from free trade is weakening the economic foundation that sustained Pax Americana for generations.

  • Mises and Hayek: Two Complementary Critiques of Central Planning

    Economists Ludwig von Mises and Friedrich Hayek explain why the promises of central planning are fundamentally unworkable insofar as no central authority can replicate the rational calculation of market prices or the coordination of dispersed knowledge.

  • Warsh: The Fed Helped Create Fiscal Dominance

    Federal Reserve chair nominee Kevin Warsh argues the Fed has drifted far beyond its mandate, becoming a “general-purpose agency of government.”