President Obama told a group of young people in Argentina not to worry about the differences between capitalism and communism and “just choose from what works.”

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The Pope should have floated a wreath in Cuban waters to commemorate the deaths of those fleeing the Castro’s island prison.

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Life without trade

From an online post by Cato Institute researcher and editor Chelsea German, Sept. 25: What would life be like without exchange or trade? Recently, a man decided to make a sandwich from scratch. He grew the vegetables, gathered salt from seawater, milked a cow, turned...

Can it be just a coincidence that governments that fetter their economies in the name of social justice generally end up with more corruption and a class of elites enriching themselves on political connections while all others are left to fend for themselves?

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French economist wins Nobel for…

…writing how to tame powerful companies. Hmm…France–the nation that is currently seeing its competent citizens fleeing to freer countries. Don Lee in the LA Times announcing the $1.1-million prize to Jean Tirole, 61, a professor at Toulouse 1...