John Goodman Lee Kuan Yew, Singapore’s first prime minister, died last week at the age of 91.[1] Almost every biographical note in his memory comments on the radical transition that began under his leadership. As John Fund notes in the National Review: “Through reforms toward free trade, capital formation, a strong meritocratic education system, low taxes …

Art Carden Are the motives of those who defend the “free market” the same as those who support “corporations”? Libertarian economists find this question frustrating because our enthusiasm for free markets is often confused with enthusiasm for particular industries or corporate interests. But just because something …

Sean Reagan The debate over the Arctic National Wildlife Refuge resurfaced last week when the Obama administration announced new restrictions on Alaska's vast, oil-rich landscape. The Interior Department is placing 30,000 square miles of ANWR under a drilling ban, and the president is asking Congress to designate the reserve...

Don't believe that raising the minimum wage hurts real people? After March 31, a famous science fiction bookstore on Valencia Street in San Francisco's Mission District will no longer be able to satisfy your fantasy tastes: "The change in the minimum wage will mean that our costs ...

Shika Dalmia The days when countries vied with each other for the national (dis)honor of spending their budgets to host the Olympics – or at least the Winter Olympics – may be fast passing. Why any normal city would even want to host these games is a mystery, given …

More and more people are realizing the ineffectiveness of the education offered by public schools. The most obvious sign of this is the growing number of young people who pay for private lessons.1 Both students and their parents see that it is impossible to obtain quality training in a given subject through school activities alone. The desire of the rulers …

Should taxpayer money be used to fund scientific projects? Is there a better way to fund research? What are the problems with government spending?