This issue examines the roots of federal deficits, critiques post-crash stock-market regulations, and presents a rare Mises radio transcript on labor and capital. Additional essays explore the dangers of democratic drift toward tyranny, teach core price theory through a children’s story, defend consumer responsibility, and show how once-voluntary charities become extensions of the state. Other pieces analyze the World Bank’s role in propping up socialism, report firsthand on Nicaragua’s economic collapse, and explain why development—not aid—is key to resolving Africa’s food crises.
