Dan Hannan provides an important history lesson.

Europe’s large welfare states are dragging the continent down.

Hong Kong and Cuba were once economically very similar; now they are world’s apart. The explanation why is simple.

Scholars have wrangled with the questions of social capital for centuries. Can we make sense of it?

Malaise is in the future.

Social attitudes play a large role in determining a nation’s long-run prosperity. But how easily can they be changed?

Will this be the “spread the wealth around” of the 2016 campaign?

Decades of large government are taking their toll on Italy. Past generations mortgaged the future to support unsustainable policies, and now the bills are coming due.

I believe that protecting the environment is both a good thing and a legitimate function of government. But I’m rational. So while I want limits on pollution, such policies should be determined by cost-benefit analysis. Banning automobiles doubtlessly would reduce pollution, for instance, but the economic cost would be catastrophic. On the other hand, it’s good to […]

It’s difficult to promote good economic policy when some policy makers have a deeply flawed grasp of history. This is why I’ve tried to educate people, for instance, that government intervention bears the blame for the 2008 financial crisis, not capitalism or deregulation. Going back in time, I’ve also explained the truth about “sweatshops” and “robber barons.” […]