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A 529 plan is an investment vehicle for K-12 and college that receives preferential tax and federal financial aid treatment. They are sponsored by either a state or educational institution and often referred to as “Qualified Tuition Programs” in the tax code. Think of 529s...

January 20, 2021 Rereading the The Road to Serfdom Bruce Caldwell discusses Friedrich Hayek and the history of economic ideas. Bruce Caldwell/Friedrich Hayek DickClarkMises at English Wikipedia., CC BY-SA 3.0 <https://creativecommons.org/licenses/by-sa/3.0>, via Wikimedia Commons Friedrich Hayek, one of the giants of 20th century economics, did important work on everything from...

… there is an equal and opposite reaction. So says Newton’s Third Law of Motion. What is true in the physical world is very often true also in the social world. Extremism on the political left causes extremism on the political right; extremism on the political right...

“Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles,” wrote Ludwig von Mises. “It is the philosophy of human life and action and concerns everybody and everything. It is the pith of...

– January 4, 2021 Reading Time: 5 minutes As pointed out by many, including the late Robert Nelson, many people over these past few decades have embraced environmentalism as their religion. One of the familiar tropes of the resulting dogma is that our pre-industrial ancestors...

– January 4, 2021 Reading Time: 6 minutes Most scholars agree that America’s involvement in Vietnam was an unmitigated public policy disaster. In 2020, a new standard for monumental government failure has been set: our public policy response to the coronavirus, which has resulted in...