Events in Ukraine are happening very fast, and if I tried to predict what will happen there, my prediction would soon be overtaken by events. But one thing is certain. We need to understand...

Desperate times call for desperate measures. Or tyrannical men do tyrannical things when it comes to propping up paper money whose value is circling the drain. The Financial Times headline screams, “Turkey to Target ‘Under the Mattress’ Gold...

The Grand Bazaar in Istanbul has been a beehive of mutually beneficial exchanges for 550 years. Americans may think of Rodeo Drive or Madison Avenue when they think shopping, but while everyone pays the...

The escalation of tension in Ukraine has reminded us of something many investors seemed to have forgotten: geopolitical risk. Sanctions and the inevitable drop in trade have proven to generate a significant negative impact...

The election of Joe Biden as president magically transformed all federal agencies, ensuring that their iron fists no longer posed any peril to the American people. Or at least that seems to be what...

It will take years to develop a full accounting of the degree to which America’s presence in Afghanistan has been a complete and utter debacle. Most Americans are blissfully unaware of the true extent...

The writings on the wall are more often than not hidden in plain view. Zelenski will flee to where he will receive a hero's welcome, where the red carpet treatment is assured. Is it...

The Cato Institute’s mission is to originate, disseminate, and advance solutions based on the principles of individual liberty, limited government, free markets, and peace. Within the Center for Monetary and Financial Alternatives, we narrow that scope to...

The action axiom is the starting point of Mises’s economic method (praxeology). But it is far more than a place to start. It solves a seemingly intractable problem. When Ludwig von Mises concretized economic thinking...

Last summer in an interview with CBS Evening News anchor Norah O’Donnell, Dr. Anthony Fauci said he had no regrets over advising Americans against wearing masks in public spaces early in the pandemic, even though his recommendations changed...