PARTNER SITES

fallacyman

The Most Common Error in Economic Debates

Have you ever been in an argument about whether we should raise taxes and then someone tosses out a real whopper? “The top tax rate for decades after World War II was over 90% and look how the economy boomed!” Or perhaps you read a Paul Krugman column where he said that, “there’s a big […]

Bitcoin

Free Banking and The Dollar

While I’m all for monetary freedom and competition, I’m also for reforming the U.S. dollar, which for me means freeing it from control by discretionary central bankers.

sowell

The Legacy of Liberalism

If we are to go by evidence of social retrogression, liberals have wreaked more havoc on blacks than the supposed “legacy of slavery” they talk about.

Should Profiling Be Banned?

The true villains, to whom anger should be directed, are the tiny percentage of people in the black community who prey on both blacks and whites and have made black synonymous with crime.

Black Gold Loses Glitter

While it is true that the new drilling techniques have revolutionized energy production in the U.S. and Canada, the increase in production has been mostly negligible on the global stage.

What’s Rule of Law?

If one conducts such a test, he will conclude that it is virtually impossible to find a single act of Congress that adheres to the principles of the rule of law.

Is Law Optional?

If grand juries are supposed to vote on the basis of what mobs want, instead of on the basis of the evidence that they see — and which the mob doesn’t even want to see — then we forfeit the rule of law and our freedom that depends on it.

moral case fossil fuels

Fossil Fuels Contribute to a Better Life

Alex Epstein’s book “The Moral Case for Fossil Fuels” documents the rapidly shrinking number of human beings killed by storms, floods and other climate events thanks largely to ever-growing industry, fueled mainly by oil, natural gas and coal.

Montessori Made Easy

Surprisingly, children prefer to work and solve problems, rather than play or pretend. This is one of the revelations in Charlotte Cushman’s book on the Montessori Method.

gold

We Are All Free Banking Theorists Now*

If even economists who’ve never heard of free banking, or who dismiss both it and the people who take it seriously, nevertheless subscribe to some free banking theories of their own, where do their theories come from?

wages

The Doctor-Laborer Inversion

The battle over minimum wage is raging. Emotions are running hot. Some cities are setting the bar very high. For example, Seattle is mandating a $15/hour wage. Economically, the issue is very simple. Minimum wage laws do not raise anyone’s wage. This is because it’s not sustainable to overpay. Suppose you run a small tailor […]