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italiancolliseum
Kai Weiss

Italy “Abolishes Poverty” by Spending More Money

Economists have pondered for centuries, if not millennia, how to get rid of poverty, starvation, and all other kinds of social ills. Seemingly they did not think about asking Luigi di Maio, the 32-year-old deputy prime minister of Italy.

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chesscompetition
Jeffrey Tucker

Play With Competitive Forces at Your Peril

In post-war Germany, Ludwig Erhard made the restoration of free trade a top priority. Above all, this meant getting rid of tariff walls.

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perfectcompetition
Donald J. Boudreaux

The Theory of Perfect Competition Is Wholly Misleading

The theory of perfect competition should be utterly rejected, both as a theory of competition (which it is not) and as offering an appropriate standard against which to judge real-world markets (which it does not).

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ekrona
J.P. Koning

Goodbye Cash, Hello E-krona

The Riksbank—Sweden’s central bank—intends to issue a digital currency.

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