While Modern Portfolio Theory (MPT) is popular in academic economics and finance, it fails to properly explain profits, mistakenly confusing entrepreneurial profit seeking with risk management.

He’s described by media as “hard right” and “ultra-conservative” which suggests he’s a center-right candidate who, nonetheless, handily beat his communist rival.

Mike Fox When the US Constitution was first drafted in 1787, it didn’t include a specific declaration of individual rights. Many of the Framers argued that the Constitution’s structure of…

David J. Bier On December 4, the Department of Justice (DOJ) disseminated a memorandum to all federal prosecutors creating a strategy for arresting and charging individuals supposedly aligned with “Antifa.” The…

Jon Hoffman This past weekend, the Islamic State (ISIS) killed three Americans in Syria—two US soldiers and one civilian contractor—marking the first US casualties in the country since the fall…

Ian Vásquez A Hong Kong court today convicted Jimmy Lai, the territory’s most prominent champion of democracy and basic human rights, of breaching national security. The sham trial and conviction…

Deputy FBI Director Dan Bongino will make a decision about his future at the bureau within the next few weeks, two sources familiar with his considerations tell Fox News. The…

President Donald Trump has directed U.S. officials to help to facilitate a ‘lasting and durable peace’ between Ukraine and Russia, with officials touting the ‘very, very strong’ package presented for…

On the economy, Trump gives himself a grade of “A+++++,” which is reminiscent of Hoover and other politicians who interpreted their economic failures as successes.

The so-called K-shaped economy—where some experience positive growth and others negative growth—is perfectly explained by Austrian business cycle theory and the Cantillon effect.