Nikolai G. Wenzel

Associate Research Fellow

Nikolai G. Wenzel is Professor of Economics at Universidad de las Hespérides and Associate Research Faculty Member of the American Institute for Economic Research.  He is a research fellow of the Institut Economique Molinari (Paris, France) and a member of the Mont Pelerin Society.

Hayek’s Dilemma: How Much State Can Liberty Survive?

Even among “sincere friends of freedom,” disagreement over government’s role runs deep. Can a state be big enough to defend liberty without also violating it?

Hayek’s Dilemma: How Much State Can Liberty Survive?

Ten Enduring Lessons from Adam Smith

From technocrats to central planners, the temptation to engineer society persists. Adam Smith saw the dangers clearly.

Ten Enduring Lessons from Adam Smith

Permission to Earn a Living: History, Economics, and the Ethics of Occupational Licensing

Where occupational licensing exceeds genuine public safety needs, it substitutes centralized judgment and political privilege for the preferences of consumers and workers.

Permission to Earn a Living: History, Economics, and the Ethics of Occupational Licensing

Interest Rate Caps Keep Coming Back — Bastiat Explained Why They Fail

Capital loaned out can't be invested or consumed. Interest compensating the lender is merely "the price of time."

Interest Rate Caps Keep Coming Back — Bastiat Explained Why They Fail

A Dream of Freedom: The Enlightenment’s Unfinished Business

The American Founding launched a revolutionary idea: rights exist first, and government exists to secure them. It's beautiful, transformative… and perpetually unfinished.

A Dream of Freedom: The Enlightenment’s Unfinished Business

Why I Pledge Allegiance to the Constitution — Not the Flag

The pledge demands patriotic devotion. The skeptical Constitution builds limits on power. Only one protects liberty.

Why I Pledge Allegiance to the Constitution — Not the Flag

New York’s Death Wish

History — and a gritty 1970s vigilante flick — offers sobering lessons about what happens when public institutions fail at their most basic task: keeping citizens safe.

New York’s Death Wish

Privacy for the Powerful, Surveillance for the Rest: EU’s Proposed Tech Regulation Goes Too Far

Protecting kids is a weak pretext for total digital surveillance. What's worse, the EU's monitoring exempted its own politicians from scrutiny. Their privacy matters, but not yours.

Privacy for the Powerful, Surveillance for the Rest: EU’s Proposed Tech Regulation Goes Too Far

Argentina’s Midterm Moment: Brave Reform, or Back to Perónism?

Javier Milei’s aggressive reforms have slashed spending, curbed inflation, and reignited growth. Argentina’s midterms will decide whether reform endures.

Argentina’s Midterm Moment: Brave Reform, or Back to Perónism?

80 Years After Total Surrender, Japan’s Strong Institutions Still Deliver

A combination of constitutional and commercial fixtures set Japan up for stability and growth, even as its Southeast Asian neighbors struggled.

80 Years After Total Surrender, Japan’s Strong Institutions Still Deliver