After several centuries of experimentation with boom-and-bust monetary and fiscal policies, we need to give the Austrian school a chance.

Free content added to the Wall Street Journal online site on capital markets, foreign policy-national security, ‘climate change,’ health care, and a variety of other topics.

Some have equated the acute financial turbulences of September 2008 with acts of “economic or financial terrorism.” Are they justified?

Health care and insurance costs have been growing at many times the rate of inflation for years. Slowing or reversing the growth in costs can happen, but not by nationalizing health care. Fixing the tractable systemic issues and moving to a free market structure will lead to a “healthier” solution for everyone.