The estimated unfunded Social Security and Medicare liability is $175.3 trillion If you think that will be financed with taxes “on the rich,” you have a problem with basic math.

Contra critical theorists, who claim human reason is nothing more than a social construct, reason is both understandable and universal. We cannot abandon it, for if we do, we abandon liberty itself.

Mark Thornton shares several ways we can fight the Fed's price inflation.

Government schooling advocates are demanding that homeschoolers be regulated by public school authorities. Perhaps homeschooling advocates should be monitoring the government.

Milton Friedman’s commitment to statistical analysis led him vehemently to oppose the economics of Ludwig von Mises and Friedrich Hayek, whom he regarded as the purveyors of a priori, “unscientific” theorizing.

We are seeing Joseph Schumpeter's concept of creative destruction at work in higher education. The shake-up will continue.

Nobel-winning economist Joe Stiglitz believes that the path to freedom is . . . less freedom. Of course, he doesn’t package his advocacy of socialism as the diminishing of freedom but rather as expanding freedom by restraining economic freedom.