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Articles and columns written exclusively for Econlib. Updated monthly. 
We are used to Keynesians claiming that increasing government spending during a time of high unemployment will increase real Gross Domestic Product. But economist Dwight Lee, of Southern Methodist University, argues the opposite. Read on and see why. READ MORE
Anthony de Jasay continues his discussion of parrot talk in Part III of his multi-part series on government sector finance, taxes, government spending, the banking sector, and the Euro in Europe. READ MORE
The cuneiform inscription in the Liberty Fund logo is the earliest-known written appearance of the word "freedom" (amagi), or "liberty." It is taken from a clay document written about 2300 B.C. in the Sumerian city-state of Lagash.