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Why Shadow Banking Didn't Cause the Financial Crisis
Most American adults easily recognize the following description of the 2008 financial crisis. Unregulated Wall Street firms (so-called shadow banks) made too many risky bets with …
Why, as a Muslim, I Defend Liberty
Islam, the second largest religion in the world, has several authoritarian interpretations today that defy human freedom--by executing "apostates" or "blasphemers," imposing …
Unreliable Watchdog
Freedom of press is a cornerstone of our democratic political system. But reporters, pundits, and editors face intense pressure to serve as propagandists rather than journalists in …
Understanding Statistics
The modern world is brimming with statistical information--information relevant to our personal health and safety, the weather, or the robustness of the national or global economy, …
The War on Prices
The Tyranny of Silence
When the Danish newspaper Jyllands-Posten published the cartoons of the prophet Mohammed nine years ago, Denmark found itself at the center of a global battle about the freedom of …
The Ties That Blind
The Three Languages of Politics
It changed the way I look at the world. --Russ Roberts, host of EconTalk When it was first released in 2013, Arnold Kling's The Three Languages of Politics was a prescient …
The Menace of Fiscal QE
As the Federal Reserve struggles to fulfill its mandate in a world of low and falling interest rates, it faces yet another challenge: that of resisting a new threat to its hard-won …