A Currency Upheaval Is Coming

If the managers of the dollar instead seek isolation, protection, sanctions, blacklisting, and devaluation, powerful market forces will continue to seek alternatives.
Jeffrey A. Tucker- Jun 25, 2019

More Articles

What Does “Voluntary” Actually Mean?

What limits should be placed on the ability of individuals to enter into negotiable agreements? It’s tempting to say, “none.” But there are some “agreements” — those reached under duress...
Michael Munger- Jun 25, 2019

What Rightward Shift in Higher Ed?

Over the past 50 years, American higher education has been “transformed” in a rightward direction by an influx of philanthropic efforts by conservative billionaires and foundations — or...
Phillip W. Magness- Jun 25, 2019

Monetary Policy 10 Years After the Crisis

A decade has passed since the global financial crisis. Although the economy currently appears healthy, an increasing number of economists are predicting a recession by 2021. Predicting...
Scott A. Burns- Jun 25, 2019

The Rise of the Shotgun Banknote Switch

Every decade or two, central banks replace their existing issue of banknotes with a new issue. The main reason they do this is to thwart counterfeiters, who by then will have started to...
J.P. Koning- Jun 24, 2019

The Libra Is More Significant than You Think

Though politicians and economists continue to presume otherwise, money is a veil. Changes in its value cannot change the real price of anything. That’s one of many reasons why the...
John Tamny- Jun 24, 2019

Protectionists in Plunderland and Wonderland

Some protectionists are from Plunderland. They turn to protectionism for the same reason burglars turn to burglary: to increase their wealth by snatching the wealth of others. These...
Donald J. Boudreaux- Jun 24, 2019

Austrian Economics on the 45th Anniversary of Its Rebirth

This June marks the 45th anniversary of the revival of the Austrian School of Economics. During the week of June 15-22, 1974, the Institute for Humane Studies brought together about 50...
Richard M. Ebeling- Jun 24, 2019

The Statistical Errors of the Reparations Agenda

Journalist and political commentator Ta-Nehisi Coates drew attention to the political cause of slavery reparations during a heavily publicized congressional hearing this week. While...
Phillip W. Magness- Jun 23, 2019

Tax-Extender Follies

When he learned of the news of the latest crazy-expensive, unfair, special-interest-driven spending proposal cooked up by Congress, Tyler Evilsizer of the Committee for a Responsible...
Veronique de Rugy- Jun 21, 2019

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