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Is It Time to Hold a Convention of the States to Address the Debt Bomb?

Earlier this year, what we call the “national debt” broke through the $34 trillion level for the first time. That’s about a hundred thousand bucks for every man, woman, and child in the country. And it doesn’t even account for Washington’s “unfunded liabilities”—the expected spending in future years for which there is no identified funding stream. Interest on the national debt this year will cost us some $800 billion, twice the figure of less than a decade ago.

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In just a few short centuries, the philosophy of individualism has radically reshaped how we relate to one another.

Extreme Poverty Rates Plummet Under Capitalism

Think extreme poverty rates rise under capitalism? Think again—the truth might surprise you.

Want to be the next Henry Hazlitt?

Henry Hazlitt, by his own estimate, wrote ten million words throughout his career—published in major newspapers, magazines, and books. His writings spread sound economics and the ideas of liberty to millions of people. Hazlitt converted more readers to the free-market perspective than perhaps any writer in the 20th century.

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