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Markets might not be perfectly efficient, but they’re efficient enough that most investors should recognize that if they know something about a stock, the price already reflects it.

In 'Democracy in America,' Alexis de Tocqueville explained how the “principle ideas” of New England foundation served as the foundation of social theory in the United States.

Why they’re wrong to sneer at the invisible hand and “I, Pencil”

In the US, there appears to be a widespread belief that the economy “does not work” for most Americans. But let's examine some of the most common claims.

How labor laws lead to empty titles.

Ceasing to worry about things beyond one’s control may very well be a stepping stone to happiness—yet absurdly arguing about such things with the ones you love can be a great way to laugh at your fate all the same. 

Cardi B doesn’t name an inflation culprit—but she need look no further than the Federal Reserve.

Despite a surging national debt, the spending orgy continues in Washington.

You can find heroes of character in every country’s history, but at times it seems that we’ve forgotten more of them than we’re producing.

Henry Hazlitt and the protégé effect