Today, following the tragic events of September 11, 2001, the American people face another troublesome threat—swarms of security agents harassing us at airports, borders, buildings, and highways.

Paul Samuelson's Economics ranks with the most successful textbooks ever published in the field, including the works of Adam Smith, David Ricardo, John Stuart Mill and Alfred Marshall.

Good news! The U.S. Department of Commerce, which compiles Gross Domestic Product (GDP), has just added a new national income statistic, Gross Output (GO), as a measure of total spending in the economy.

During the 20th century it was popular to label economics the "dismal science," a term of derision coined by the English critic Thomas Carlyle in the 1850s.

Ayn Rand, author of the celebrated Capitalism: The Unknown Idea, is honored almost universally as the fountainhead of market capitalism, an impassioned proponent of reason, individualism, and rational self-interest.

In 1956, Ludwig von Mises countered myriad arguments against free enterprise in his insightful book, The AntiCapitalistic Mentality.

In his 1920 bestseller, The Economic Consequences of the Peace, John Maynard Keynes made a profound observation about the success of capitalism before the Great War.

Several months ago, I had the opportunity of speaking before a Miami chapter of Legatus, a group of Catholic business leaders organized originally by Tom Monaghan, founder of Domino's Pizza.

During the 1990s we watched the Dow Jones Industrial Average increase fourfold and Nasdaq stocks tenfold.

Recently I came across the extraordinary writings of the Marquis de Condorcet (1743-94), a mathematician with an amazing gift of prophecy in l`age des lumieres.

Who deserves to be the greatest economist of the 20th century? This question was debated at my session of the annual American Economic Association meetings in New York City last month.

What?! The world's most famous freemarket economist a former Keynesian?

In the November/December 1994 issue of Foreign Affairs, Stanford economist Paul Krugman wrote a controversial article titled "The Myth of Asia's Miracle." He argued that, like Stalinist Russia and other centrally planned economies of Eastern Europe,...

In 1992, Harvard Prof. Greg Mankiw was paid an unprecedented advance of $1.1 million to produce the "next Salmuelson"--a successor to Paul Samuelson's "Economics," the most successful...

Millions of college undergraduates, myself included, studied economics using Paul A. Samuelson's famous textbook.

The above statement by Friedman got me thinking: Is it possible to summarize the basic principles of economics in a single page?

"Can you recommend an undergraduate or graduate program in free-market economics?" With the explosive interest in a degree in economics, it’s imperative that students get a topnotch education.

In his third and final volume on John Maynard Keynes, Robert Skidelsky comes to the shocking conclusion that the Keynesian revolution was temporary, that Keynes's General Theory was really only a "special" case, and that "free market liberalism" has ultimately triumphed.

Adam Smith, that is. Having just completed writing a history of economics,1 I have concluded that, despite the protestations of Murray Rothbard and other detractors, the eighteenth-century moral philosopher and celebrated author of The Wealth of Nations deserves to be named the founding father of modern economics.

In the ongoing debate over the privatization of Social Security, one story has been over-looked...

Until Robert Mundell won the Nobel Prize in 1999, supply-side economics had been a school without honor among professional economists.

When I majored in economics in the late 1960s and early 1970s, there were precious few textbooks with a strong free market bent.

Austrian economist makes good! I just got published in the Journal of Economic Perspectives, the most widely read economics journal in the country.

Swashbuckling corporate raiders take heed, here's another Austrian economist offering advice.

But if IMF lending, foreign aid, and the World Bank are abolished, what should be done to alleviate poverty?

Should government protect a local landmark from commercial development? Are zoning laws and other building restrictions necessary in a free society to stop "greedy" speculators and "fast buck" promoters from creating "urban sprawl" and unsightly commerce?

Many students today learn a lot about free-market economics. Problem is, John Maynard Keynes, the godfather of the welfare state, is doing the teaching.

...His unrelenting search for truth has led him along the intellectual road from Karl Marx to Adam Smith, and even now shows increasing sympathy with Joseph Schumpeter, Friedrich Hayek, and the Austrian school.

Fill in the blank. Who is the mysterious economist named above? Most of my colleagues named Milton Friedman, but in Daniel Yergin and Joseph Stanislaw's bestseller, the Chicago economist runs a close second to....

President Reagan had a great combination of principles and the ability to communicate like no other.

If you take a course in public finance, you will invariably encounter the "public goods" argument for government: Some services simply can't be produced sufficiently by the private sector, such as schools, courts, prisons, roads, welfare, and lighthouses.

The use of the political labels "left" and "right" may be popular in today's media, but there are several reasons why the dichotomy is a false and misleading guide to political and economic philosophy.

Lord Acton once said, "There is no error so monstrous that it fails to find defenders among the ablest men." That was my reaction to a series of articles recently written by national columnist Charley Reese.

In a return to the principles of classical economics, more and more economists agree that thrift is a virtue and should be encouraged.

The Chicago boys are at it again. This time the economists at the University of Chicago are making headlines in today's hotly disputed debate about gun control.

A rose is a rose is a rose. But a conservative is a libertarian is a liberal. When labels confuse rather than clarify, they should be dropped.

The Foundation for Economic Education (FEE) is often called "America’s oldest freedom organization."

William Easterly has spent his entire adult life working for the World Bank, living in the Third World, and helping poor countries develop into rich countries.

"Behavioral" finance is the hot new field in the rapidly growing "imperial" science of economics.

In this time of thanksgiving and holiday cheer, we here at the Foundation for Economic Education wish everyone peace, prosperity, and happiness.

A few days after my move to New York, I paid my respects to an icon of capitalism, Andrew Carnegie (1835-1919), whose tombstone is appropriately located only a few miles up from FEE headquarters, in Sleepy Hollow Cemetery.

This summer's spectacle of World Bank officials lobbying Congress for more foreign aid money was an embarrassment, or should have been.

GALT'S GULCH, COLORADO--What better location for the first libertarian film festival than Atlas Shrugged's Atlantis,...

Over the past year, I've been involved in a series of debates over the impact of the Year 2000 Problem, the potential collapse of computers--and perhaps the economy--...

Two rules of thumb on buying closed-end funds, elucidated elsewhere in this survey, have to do with the cost of ownership.

The first time I met Wade B. Cook was at a seminar for small investors in the early 1980s, when real estate and other inflation hedges were the rage.

"You see that man over there driving that tractor," my father asked me as we drove by a farm. "He's a millionaire." This was in the 1950s.

If you're feeling the need of real relaxation, In a climate that's lazy, a perfect vacation, Away from the snow and the slush that annoys you,...