Opposing the Keynesian Illusion: Spending Does Not Drive the Economy
The central pillar of the Keynesian system is that spending drives the economy, so savings on a large scale will push the
Birthright Citizenship Isn’t Real
There is a common misconception that the Constitution mandates that the US government grant citizenship to everyone born within the borders of
Exploring the Historical Context of the Cornerstone Speech
Alexander Stephen's infamous “Cornerstone” speech remains controversial even today. The simple revisionist narrative is that the northern states opposed slavery while only
The Myth of Social Justice
Wanjiru Njoya appears on The Tom Woods Show to discuss Hayek's critique of "social justice."
Can Monetary and Fiscal Stimulus Counter Recessions?
The standard Keynesian line is that the government can shorten recessions by using fiscal and monetary “stimulus.” However, as Austrian economists note,
Gen X and Retirement Benefits: Uncertainty Abounds
As people from Generation X move toward retirement, they are starting to understand that Social Security really is in crisis and many