Voluntary Exchange Sources

“The entire book that you are going to read,” wrote Alexis de Tocqueville in the introduction to Democracy in America (1835), “was written under the pressure of a sort of religious terror in the author’s soul, produced by the sight of this irresistible revolution.” This religious terror...

It's as if America is moving toward "1984," George Orwell's novel, in which government controls people's thoughts by creating a new language, Newspeak. Have you noticed how our language is changing? At a congressional hearing on “Birthing While Black,” nearly every politician used the words “birthing...

Almost everything about the policy response to Covid-19 has been unprecedented. The U.S. economy’s loss of production dwarfs that of the 2007-2009 Great Recession. In fact, the current recession briefly caused a 10% loss of real GDP, with unemployment rising as high as 15%. Table 1....