Monty Pelerin's World

The state of education in this country is terrible. Like the Post Office, it is government run. Both operations are or should go out of business. What follows is just [...]

The real problem facing the government is not the $14.3 Trillion in Federal debt. Sure, it is too high and must be reduced. Yet the unfunded liabilities are the real [...]

The Cato Institute responds to the State of the Union message in this video. Share/Save Download article as PDF

An absolutely devastating criticism of the Fed based on a review of its 100 year performance is summarized by Sheldon Richman of FEE. The report, issued by the Cato Institute, [...]

An academic analysis of the Federal Reserve by the Cato Institute. Share/Save Download article as PDF

Friedrich Hayek’s classic book should be read by every high school student in the country. If you haven’t read it, enlighten yourself with what is happening to the US today, [...]

The Taxing Power of Obamacare by Robert A. Levy , Robert A. Levy is chairman of the Cato Institute and a director of the Institute for Justice. This article appeared on [...]

Virtually every Western democratic government is insolvent.  And governments utilized the same practices as General Motors to reach this point. In GM’s case, poor management was exposed by Honda, Toyota [...]

If the Government confiscated everything, the social programs would still be $50 trillion short and the Government would still be bankrupt. Furthermore, no company or individual would be left with [...]

Image via Wikipedia Zimbabwe’s hyperinflation is legendary. To the right is a 100,000,000 note (currency). Their problem was unsustainable debt that the government tried to depreciate via the printing presses. [...]