Richard Thaler won the Nobel Prize for describe how even small economic incentives can affect behavior. One of those nudges, high “sin taxes,” has helped finance terrorism and organized
Richard Thaler, the co-author of Nudge, has won the Nobel Prize for his contributions to behavioral economics. While he decides how best to spend his $1.1 million in prize money, less
“…Most of us will have less and less money to buy the dazzling array of products and services spawned by blockbuster technologies - because those same technologies will be supplanting our
On October 12, 1492, the settling of America was set in motion when the navigator and explorer Christopher Columbus arrived, rather unexpectedly, at San Salvador (which was later renamed
On Friday, the Department of Health and Human Services issued two interim rules rolling back the HHS mandate, which requires employers to furnish female employees with contraception
An international conference recently addressed the dangers of corruption to liberty, economic growth, and human flourishing. Many of these criticisms can be applied to cronyism, often the
Even most critics admit the free market is the greatest wealth-generating system in history, but they say the poor benefit more from interventionist economic systems. In fact, economic
Voters who took part in yesterday’s national 1-0 referendum overwhelmingly supported Catalonia's independence from Spain, and images of the Spanish National Police brutally suppressing the
Lord Acton is best known his famous expression, "Power tends to corrupt, and absolute power corrupts absolutely” ( Letter to Bishop Mandell Creighton, April 5, 1887. In Acton, Historical
The Fraser Institute released its annual “Economic Freedom of the World” report this morning. The free market think tank rates every nation based on its “degree of freedom in five broad
On February 24, 1209, St. Francis of Assisi received approval to found his religious order. One of its defining characteristics was taking the vow of poverty to its furthest extreme. Just
The following speech was delivered at the European Liberty Forum, organized by the Atlas Network in Budapest, Hungary, on September 21, 2017. It has been edited for length and clarity. – Ed