Economics teaches humility because it teaches us more about what we can't do than what we can do.

If you bound the arms and legs of gold-medal swimmer Michael Phelps, weighed him down with chains, threw him in a pool and he sank, you wouldn't call….

We do not need to understand economics in order to experience the benefits of freedom of exchange and production. But we may very well need to unders….

The natural proclivity of democratic governments is to pursue public policies which concentrate benefits on the well-organized and well-informed, and….