by Brian Phillips | Aug 24, 2012 | Economics
First published in 1946, Economics in One Lesson by Henry Hazlitt remains one of best books on economics ever published. The lesson, to paraphrase Hazlitt, is that economists must look beyond the immediate and visible consequences of economic policies; they must look... by Brian Phillips | Aug 23, 2012 | POLITICS
Let us say that you are one of the millions of unemployed Americans. Unable to find a job, you decide to start your own business. Perhaps you’ve always done your own home repairs and decide to offer a handyman service. You start installing ceiling fans, replacing... by Jaana Woiceshyn | Aug 22, 2012 | Philosophy
Harris’ erroneous assertions are easy to refute.
by George Selgin | Aug 22, 2012 | Money & Banking
I couldn’t help being glad to see The Economist refer to Carl Menger’s theory of the origins of money just as I was about to explain that theory to my undergraduate classes. Nor did I at all mind having Menger’s ideas contrasted with those of another... by Dr Michael Hurd | Aug 21, 2012 | CULTURE
Vice-presidential candidate Paul Ryan has reportedly had favorable things to say about Ayn Rand, author of “Atlas Shrugged” and the philosophy of Objectivism, which stresses the absolutism of reason, reality and individual rights (including laissez-faire capitalism).... by Brian Phillips | Aug 21, 2012 | Technology
Innovations do not always occur at the speed or in the direction that government officials would like.
by Dr Michael Hurd | Aug 16, 2012 | Religion
Barack Obama said the following at a recent White House dinner: Of all the freedoms we cherish as Americans, of all the rights that we hold sacred, foremost among them is freedom of religion, the right to worship as we choose. It’s enshrined in the First Amendment of... by Brian Phillips | Aug 5, 2012 | Psychology & Living
If you were alone on a desert island you would not be able to escape the fact that you must work to sustain your life. Alone on the island you could spend your days in any activity of your choosing—hunting, fishing, building a home, swimming, or napping. But you would... by Ron Pisaturo | Aug 5, 2012 | POLITICS, Welfare
Government makes ‘investments’ in us that we can’t refuse. Many, including me, have identified the socialist premises in President Obama’s remarks on July 13 in Roanoke, VA. But are Obama’s actual policies as socialist as his socialist rhetoric? The answer is yes, but...
