The True Cost of War
This article delves into the real cost of war as explained by Joseph Salerno in his book Money: Sound and Unsound. Contrary
Cuts to Foreign Aid Are a Good Start
While attempts to eliminate USAID are garnering a lot of publicity, the truth is that the foreign aid budget needs even more
Ralph Raico’s Master Class on the History of Political Thought
From the Middle Ages to Rousseau to the Industrial Revolution to Trotsky, historian Ralph Raico provides a refreshing free-market analysis of political
Kennedy Assassination Mysteries
Kennedy had become deeply suspicious of the CIA and other American intelligence agencies. They had given him bad advice about Cuba, which
The New Higher Education “Arms Race”
There's a new sheriff in town, and that spells trouble for the vast federal subsidies that undergird much of higher education. With
Thomas Aquinas and the Subjective Theory of Value
Six hundred years before Carl Menger wrote his Principles, Thomas Aquinas was writing about the role of subjective valuation in economic exchanges.
Ralph Raico’s Master Class on the History of Political Thought
From the Middle Ages to Rousseau to the Industrial Revolution to Trotsky, historian Ralph Raico provides a refreshing free-market analysis of political