Interventions inevitably generate imbalances in the market that will force the government to either repeal the existing interventions or extend them in the futile attempt to use new interventions to compensate for the distortions its prior interventions have created, until finally the market has been supplanted by the command economy through a process of incremental expansion of the regulations and controls.
Karl Marx’s stubborn political staying power also requires that we grapple with his theory in an intelligent fashion and that we engage him seriously even if we judge his conclusions wanting.
Steven Kates refutes Keynes’s caricature of the classical economists. Ultimately it is always goods that are traded for goods. Say’s Law, properly understood, explains both what causes unemployment and how to solve it..
Mises’s brilliant treatise continues to be read and taken seriously as a cornerstone for understanding the nature of the free society and the workings of the market economy.
Segregation was a result of “open and explicit government-sponsored” policies.
Sowell shows that socioeconomic outcomes differ vastly among individuals, groups and nations in ways that cannot be easily explained by any one factor, whether it’s genetics, sex or race discrimination.
Why AC won the Electricity Wars.
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...
From the Audible website: “Black history and American history are forever intertwined. Limiting any celebration of Black history to a single month on the calendar does a disservice to the Black men and women who were (and are) integral to making this nation what it is...
Philosopher Ayn Rand on why “the greatest good for the greatest number” is one of the most vicious slogans ever foisted on humanity.
“Americanism” is not rooted in the nation, the race, or any other collective, but in a universal ideal: individualism.
Marxism/Socialism is a philosophy conceived in gross error and ignorance about the nature of capitalism, above all about the nature of the relationship between capitalists, profits, and wages.
Enlightenment Now is just what the world needs right now. It is a defense of the ideas and values that have created the modern world, and a defense of that world itself.
The essential moral case for finance that Brook and Watkins present is that finance is good by the standard of human flourishing.
If today’s students are increasingly hostile to intellectual freedom, can we really expect tomorrow’s voters, lawyers, judges, politicians to uphold free speech?
Ludwig von Mises’s majestic magnum opus, Human Action: A Treatise on Economics, was published on September 14, 1949. In the nearly seven decades since its appearance, Human Action has come to be recognized as one of the truly great classics of modern economics.
“Whether one is a conservative or a radical, a protectionist or a free trader, a cosmopolitan or a nationalist, a churchman or a heathen, it is useful to know the causes and consequences of economic phenomena.”
Capital accumulation and more production, not egalitarianism and its absurd theories and programs, are the foundation of rising living standards in general and rising real wages in particular.
How Ayn Rand’s Ideas Can End Big Government by Yaron Brook and Don Watkins
You and your fellow billionaires should make this policy on the part of the colleges and universities an absolute condition of receiving donations or bequests from you for any purpose. You could think of it, perhaps, as the “Fairness for Capitalism Pledge.”
?This newly released book is by Donald Luskin and Andrew Greta. Mr. Luskin is Chief Investment Officer of an investment strategy company, TrendMacro. He's also well known as an author and a commentator on CNBC. He has recently had several op-eds published in the Wall...
It’s hard to get your mind around this, but a lot of people are really put off by Atlas Shrugged.
“That’s who runs Taggart Transcontinental,” said the engineer; the respect in his voice was genuine. “That’s the Vice-President in Charge of Operation.”
Andrew Bernstein’s Capitalism Unbound stunningly shows why and how the protection of individual rights gives rise to prosperity, and creates a nation of benevolently generous wealth holders.
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