June 2025 ISSUE

Adam Smith on Relationships between Young and Old

By Anna Claire Flowers

The Theory of Moral Sentiments, by Adam Smith Relationships between people of different generations make up some of the most meaningful connections life has to offer. They shape deep-seated beliefs, goals, and priorities. In The Theory of Moral Sentiments [TMS]...

Virginia Political Economy: James Buchanan’s Journey

By Peter J. Boettke

James Buchanan Virginia Political Economy was born in the foyer of the Social Science Building at the University of Chicago early in 1948. In a casual conversation with a fellow graduate student, Warren Nutter, I discovered that we shared an evaluation and diagno...

Life After College

By Arnold Kling

Can the four-year degree be saved? Not for most learners, I would argue. Once less expensive alternative pathways become clearer and surer, a full-on degree will seem impractical... But why does the degree have to be the only product that colleges sell? And why can'...

The New Deal’s False Promise

By Scott Sumner

[ Note: This article was originally published on March 10, 2025 by Scott Sumner at his substack under the title "False Dawn: George Selgin on the New Deal."] A Book Review of False Dawn: The New Deal and the Promise of Recovery: 1933-1947, by George Selgin.1 Fra...

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