America has two democracies, one political and the other free market. The concept of a political democracy dates back to Plato and his “Republic.” Ludwig von Mises and my mentor Dr. Bill Peterson (a student and colleague of Mises) wrote…

Those of us raised  during the Cold War tend to think of democracy and communism as opposites. They’re not. Democracy tends toward communism until the egalitarian dream proves unworkable, then it collapses into tyranny. In the United States, we’re blind…

What is the real story regarding the foreign threat to U.S. elections? The online media giant Politico magazine’s investigative staff has produced authoritative evidence that a native Soviet citizen so interfered in the presidential election it forced the resignation of…

When French President Emmanuel Macron greeted President Trump in Paris on Thursday, their handshake was warm and heartfelt. Their awkward first handshake is behind them, and they have much in common. Both leaders are fairly new to politics. Their greatest…

The Obamacare debacle — we might as well call it by its right name — underscores an abiding truth about democratic politics; to wit, politicians rarely get anything important done. Theirs, save on rare occasions, is the wrong forum for…

Plato argued that democracy by its very nature cannot work. The direct involvement of the people in the affairs of state will lead to a situation where takers outnumber givers, thereby rendering the economy precarious. But that isn’t the only…

At this moment, I am on assignment in Europe, a continent that, like America, seems more screwed-up with every visit. To escape the insanity that threatens to engulf us all, this morning I decided to work remotely from a small…

London A week after the historic Brexit referendum I attended what we might call its sequel. As Americans will recall, throughout Great Britain on June 23 all of the country’s bien-pensants ever so unctuously voted against Brexit — that is…