The famous New York Yankees baseball player and manager Yogi Berra is credited with the saying “It's déjà vu all over again.” He is also credited with claiming, “I really didn’t say everything I said.” Never were both of these truer than in our era of reborn defenses...
Richard M. Ebeling
Abolish the Welfare State to Solve the National Debt Crisis
Why is it so difficult to win the case for freedom in modern American society? A variety of possible answers come to mind. The collectivists are more effective in appealing to people’s emotions. The interventionist-welfare-statist argument is easier to make than it is...
Capitalism and How Expectations Coordinate Markets
Open, competitive markets have a resilient capacity to successfully coordinate the actions of, now, billions of people around the world. With an amazing adaptability to changing circumstances, the actions and reactions of multitudes of suppliers and demanders are...
Government Censorship in New Zealand and The Christchurch Massacre
Government censorship will only reduce the ability to understand the causes of people guided by anti-capitalist ideas.
Censorship to Protect Us: Government Sanitized History, Books, and Press
Imagine that in 1946 the general-secretary of the United Nations had submitted a resolution to the General Assembly stating that Nazi crimes were so horrendous and despicable that the countries of the world needed to impose a blanket censorship on any public reference...
The Brexit Dilemma: Laissez-Faire Capitalism or Regulatory Statism?
The best solution would be if the British authorities followed a policy of laissez-faire.
Capitalism, Diversity, Equality, and Pluralism
Freedom and the free society are once again under direct attack by those who espouse far-greater degrees of government control over people’s lives. Wrapping themselves in the cloak of progressivism, “social justice,” and liberation from oppression and discrimination,...
Democrat Presidential Candidates Offer Various Flavors of Socialism
Another election cycle has begun, even though it is less than a half a year since the November 2018 congressional elections. Donald Trump seems unlikely to face a serious challenger for his re-nomination as the Republican candidate for president (unless explosive...
State Cronyism vs. Free-Market Capitalism
What we live under is a heavily regulated, managed and controlled interventionist-welfare state that operates not by free-market competition but political cronyism.
Individualism is the Enemy of All Forms of Collectivism
The philosophy of individualism is the foundation of a free society; it is the basis of a community of men that does not require or demand the sacrifice or enslavement of some for the one-sided benefits of others.
The Global Economy Needs Freedom for Peace and Prosperity
At the end of the day, the balance of payments always balances.
Books: The Nazi Connection: Eugenics, American Racism, and German National Socialism
In his 1910 textbook, Elementary Principles of Economics, world-renowned Yale Professor Irving Fisher devoted part of a chapter to “Population in Relation to Wealth.” Fisher warned of the problem of “race suicide” caused by the fact that the most industrious and...
Capitalism vs. Democratic Socialism
Indeed, democracy and freedom are frequently heralded as being synonyms. An important question, however, is, What do these concepts mean, and are they in fact synonymous?
Capitalism Prevents Harmul Monopolies
Introduce government intervention into the market system, and monopoly becomes a social harm and an economic problem.
Keynesian Aggregate Demand and Supply Derangement Syndrome
The fundamental flaw in Professor DeLong’s view, as in John Maynard Keynes’ 1936 book is the idea that there exists a macro-economy the two sides of which are composed of aggregate demand and aggregate supply.
Primitivism Versus Prosperity
How Trade, Property, and Rule of Law Ended Primitive Life.
Pro-Capitalist Ideas Can Reverse Out-of-Control Government Spending and Taxing
The world of plunder can be replaced with a community of free people pursuing mutually beneficial peaceful production.
The Bad Economics of Short-Run Policies
The Best Short and Long Run Policy: Limited Government
The Rise of Capitalism and the Dignity of Labor
Capitalism has brought about growing prosperity for the human condition while cultivating a more polite society.
Macro Aggregates Hide the Real Market Processes at Work
Government planners fail to “manage” market economies as the indicators they use are themselves false signals hiding from view the reality of the complex market system.
Free Markets vs. Democratic Socialism
Democracy and freedom are frequently heralded as being synonyms. An important question, however, is, What do these concepts mean, and are they in fact synonymous?
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