Capitalism

The United States Remains Deservedly Popular Abroad

Most of the world still looks to the United States for global leadership, particularly compared with China and Russia

Can the Military Boost Economic Growth?

The destructive elements of war are obvious and myriad. But less discussed are the technological and economic benefits of war that can, counterintuitively, drive human progress

Milton Friedman Misrepresents Adam Smith

Milton Friedman, though greatly enamored with Adam Smith, misrepresented Smith’s concept of self-interest

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