Lessons From the Deadly European Heatwave of 2003, Two Decades Later

By Lawrence W. Reed August has been a hot month here in Georgia and in many…

Ireland’s Astonishing Economic Growth Holds an Important Lesson

By Lawrence W. Reed St. Patrick’s Day makes this week a perfect opportunity for an update…

Six Ways Socialism is Anti-Social

By Lawrence W. Reed Here’s a question for a PhD dissertation: How did something so radically…

How Sound Money Won the Battle of Yorktown—and Saved the American Revolution

By Lawrence W. Reed Early this month, Congressman Alex Mooney of West Virginia introduced the Gold…

The Night of the Murdered Poets: Remembering One of Stalin’s Forgotten Killing Sprees

By Lawrence W. Reed Power kills. Absolute power kills too many to count. Soviet dictator Joseph…

What China’s Hyperinflation in the 1940s Can Teach Americans

By Lawrence W. Reed Not so long ago, when the dollar was “as good as gold”…

America’s First Experiment With Paper (Fiat) Money

By Lawrence W. Reed George Washington—surveyor, farmer, soldier, and statesman—never thought of himself as an economist…

The World’s Oldest Republic Reveals the Secret to Peace and Prosperity

By Lawrence W. Reed Only one country in the entire world can boast of more cars…

11 of the Most Memorable Acts of Civil Disobedience in History

By Lawrence W. Reed “Civil disobedience” evokes a range of reactions when people hear the term.…