Culture >
Falling in Love with Poetry, Part 1
Experience the power of poetry to sharpen our vision, intensify our feelings, deepen our souls, and expand our capacity to love.
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Law >
Edward Snowden: Traitor by What Definition?
It’s now an undisputed fact, in the minds of our esteemed government officials: Edward Snowden, the man who exposed the U.S. government for spying on private, law-abiding citizens, is a traitor. Exactly how did this label get smuggled in to the whole controversy about…
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Politics >
Supposed “Varieties” of Capitalism
Does capitalism exist in “varieties,” as scholars began to insist two decades ago, or is it a unique social system fundamentally unlike all others? If there is a “pure” form of capitalism, what alterations or transformations render it impure? How impure must it …
The Financial Panic and the Only Proper Answer to It
One fact is absolutely clear: most of the blame for the current financial panic is utterly misdirected. Rather than hold accountable the irrational government policies that encouraged irresponsible lending and mountains of homeowner debt (and those who supported these…
Monetary Policy and the Return to Sound Money
Excerpted from Chapter 23, Part IV of Mises classic The Theory of Money and Credit (1912). The people of all countries agree that the present state of monetary affairs is unsatisfactory and that a change is highly desirable. However, ideas about the kind of reform…
Government Bailout Crack
Every few days we hear that another leading financial institution has written down billions more on subprime investments gone bad. Nearly every major financial institution, it turns out, had a hand in loans to low-credit borrowers–borrowers whose ability to pay…
Destroying Liberty
Supreme Court Justice Louis Brandeis warned, “The greatest dangers to liberty lurk in the insidious encroachment by men of zeal, well meaning but without understanding.” The freedom of individuals from compulsion or coercion never was, and is not now, the…
Economic Freedom in America: What is Economic Freedom?
All eyes are opened, or opening, to the rights of man. The general spread of the light of science has already laid open to every view the palpable truth, that the mass of mankind has not been born with saddles on their backs, nor a favored few booted and spurred,…
World >
Betraying the Real Freedom Fighters in Taiwan
Failing to endorse Taiwan’s legitimate claim to independence means consigning its people to the predations of a totalitarian regime.
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Markets: Business & Economics >
The Practical Value of Ethics in Business
If you are a student of business, in any stage of your career, I encourage you learn about rational egoism—if success in business is your goal.
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Science & Technology >
Dispelling Some Crude Myths About Oil’s Real Impact
Economists are beginning to panic about the recent run-up in the oil price (+36%, year to-date, to $44.4/barrel) and its likely future impact on stock prices, profits and output in the U.S. But there’s no reason to panic. A fast-rising oil price is no necessary…
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