George D. O'Neill Jr.
| Thursday October 24, 2019 at 3:28 PM PDT
Socialism has been tried on six continents and in numerous countries, but always with the same failed result. Despite geographic, economic, and other national differences, the experience of socialism follows a consistent trajectory, with its trademark features—poverty, shortages of resources, and repression—always on display. Senator Rand Paul’s new book, The Case Against Socialism, is...Read More »
Alvaro Vargas Llosa
| Tuesday November 20, 2018 at 9:00 AM PST
Reform is within reach, but several obstacles remain.
| Sunday May 20, 2018 at 9:00 AM PDT
The nation-based “balance of international payments” accounting system is misleading and nonsensical.
Robert P. Murphy
| Saturday May 5, 2018 at 10:29 AM PDT
America’s trade deficit with China should not be viewed as “getting more for less.”
Randall G. Holcombe
| Saturday April 28, 2018 at 9:00 AM PDT
Leland Yeager, who was a valuable member of the scholarly community, passed away April 23 at the age of 93.
Robert P. Murphy
| Thursday September 29, 2016 at 4:00 AM PDT
September 29 is the birthday of Ludwig von Mises, one of the giants of the Austrian School of economics. In my book Choice: Cooperation, Enterprise, and Human Action, I distill the work of Mises as presented in his masterpiece, Human Action. Elsewhere I have summarized his contributions to economic science, so in the present...Read More »
| Thursday March 10, 2016 at 5:23 PM PST
Yesterday my heart sank when a former colleague sent me a note saying, “The greatest man is gone... Giancarlo passed away.” This “greatest man” was Giancarlo Ibárgüen S., the former president of Universidad Francisco Marroquin (UFM) in Guatemala, who lost his seven-year struggle with ALS at the age of 53. Giancarlo was my boss...Read More »
| Wednesday April 3, 2013 at 1:06 PM PDT
In January I left Suffolk University to start the new Free Market Institute at Texas Tech University. I remain affiliated as a Senior Fellow with the Independent Institute and plan to continue my productive relationship with them well into the future. Since I’ve continued to write commentary for Independent some of you might have...Read More »
| Tuesday February 19, 2013 at 9:59 AM PST
Arline Alchian Hoel reports that her father, Armen Alchian, “passed away peacefully in his sleep early this morning at his home in Los Angeles.” He was 98 years old. Armen Alchian was a major figure in the economics profession for more than half a century. At UCLA, where he spent his academic career as...Read More »
Mary L. G. Theroux
| Wednesday January 9, 2013 at 5:36 PM PST
I was surprised to see James Buchanan characterized in the New York Times as “an austere man with a severe aspect that many students found intimidating.” I was never a student of his, but the James Buchanan I had the pleasure of getting to know as a guest at numerous meetings of the Mont...Read More »