wealth of nations

This is the time to give thanks, and I hope that your family has much to be thankful for this year.  Thanksgiving offers a time to reflect on the prosperity we enjoy. 

Adam Smith’s central contribution to economic understanding was surely his demonstration that under an institutional arrangement of individual liberty, property rights, and voluntary exchange the self-interested conduct of market participants could be shown to be consistent with a general betterment of the human condition.

I cringe every time I hear a politician or pundit talk about how a certain policy will create or destroy jobs. Yes, I get why it’s done; the unemployment rate…

Heartland’s CEO Joe Bast spoke recently at the “Yes, We Did Build It” rally in Waukesha, Wisconsin, sponsored by the Citizens for Responsible Government. (That’s Wisconsin Gov. Rebecca Kleefisch, at…