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George Selgin writes eloquently on the importance of monetary-policy rules – and of the importance of understanding just what the Fed actually does.

Diana Furchtgott-Roth explains that the Obama administration’s new overtime-pay diktat will weaken the economy and harm many of the very workers that this diktat is ostensibly meant to help.  (The economic ignorance of people who insist that workers are helped, without unintended ill consequences, by politicians and bureaucrats unilaterally changing the terms of employment contracts is vast.  And it’s especially discouraging that many people with PhDs in economics are among those who are economically ignorant about this matter.)

Writing, in the Wall Street Journal, on this same diktat is Andy Puzder.

Alberto Mingardi questions Richard Epstein’s defense of the EU Commission’s attempt to raise Apple, Inc.’s tax burden.

Speaking of the greedy, grasping, grimy hand of the state, here’s my intrepid Mercatus Center colleague Veronique de Rugy.

Poetry by Bob Higgs.

Take an informative trip down memory lane with Jeffrey Tucker.

Walter Olson reports on how government agencies too often turn the press into their lackeys.

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