US Navy accidentally dumps $60mln fighter jet into the ocean
US Navy loses $60 million fighter jet after it fell off aircraft carrier. This brings the total cost of lost aircraft in
Liberals win in Canadian election. See results here.
The Liberal Party, led by new Prime Minister Mark Carney, is projected to form a minority government in a dramatic political comeback,
Just a reminder that the new PM of Canada used to be head of the Bank of England
New "Canadian" PM Mark Carney has been head of both the Bank of Canada and the Bank of England. The technocracy acknowledges
The Cultural Consequences of the Welfare State
The welfare state is supposed to signal the existence of the “compassionate” society that provides care for all. However, this “compassion” has
NATO Needs to Be Terminated
Ted Carpenter explains why NATO is now even more useless than before.
USAID: Antidote to Poverty or Forum for Corruption?
Foreign direct aid has failed to alleviate worldwide poverty. Nations with secure property rights have prospered.
Does Correlation Mean Causation?
Carl Menger wrote, “All things are subject to the law of cause and effect.” Unfortunately, modern academic economists all too often confuse
Gold Fortunes Are Changing Hands
The late Burt Blumert once told me “in tough times fortunes change hands.” For some, that time has come.
The Dominican Republic is still deporting Haitian illegal aliens
Lower income countries like the D.R. often face much higher relative costs than rich countries when it comes to dealing with waves