The ‘Wage-Price’ Spiral Is a Symptom of Inflation, Not the Cause

Frank Knight’s “Risk, Uncertainty and Profit” 100 Years Later

The Depression of 1920-1921: Why Historians—and Economists—Often Overlook It

6 Things We Learned from Prohibition

Entitlement Liabilities Are a Graver Threat to the Next Generation of Americans Than Climate Change

How We Know California’s New Rent Control Law Will Make Its Housing Shortage Worse

What the 1619 Project Gets Wrong about Slavery and Economics

Google and Facebook Will Just Get Stronger if Regulators Get Their Way, Europe’s Experience Shows

Why Keynes Believed Efforts to Fight Income Inequality Hinder Economic Growth

4 Ways Employers Respond to Minimum Wage Laws (Besides Laying Off Workers)

Is the US Women’s Soccer Team Really Underpaid?

’80s Fears of a Japanese “Economic Pearl Harbor” Look Silly Today—But They’re Instructive

Paul Krugman’s Predictions about “Austerity” Aren’t Aging Well

There’s No “Lost Money” in Trade, Mr. President

The Three Phases of Socialism

Bernie Is a Capitalist, Whether He Likes It or Not