Opinion

How Inflation Breaks Entire Nations

In his March 1914 Introduction to Andrew Dickson White’s classic essay, Fiat Money Inflation in France, John Mackay offered this ironclad wisdom every lawmaker should memorize: Legislatures are as powerless to abrogate moral and economic laws as…

I Identify as a Pencil

Perhaps you know about a classic essay written in 1958 by the late Leonard Read, founder of the Foundation for Economic Education (FEE), titled “I, Pencil.” Recently, a guy named Lawrence Reed based a new essay, “I, Smartphone,” on Leonard’s…