Is it the legitimate role of government to pressure or threaten private businesses over the prices they voluntarily charge for their own property?
MARKETS
Intellectual freedom cannot exist without political freedom; political freedom cannot exist without economic freedom; a free mind and a free market are corollaries. – AYN RAND
Is Bitcoin an Investment or a Speculation?
What a neighborhood cigar shop can teach you about the global financial system — and about whether you’re an investor or a speculator.
The Economics of Price Fixing
Almost every piece of price-fixing legislation produces results opposite to those intended.
Mamdani’s Affordable Slize of Pizza For All
If price controls make housing affordable, New York’s favorite food deserves the same protection. Mayor Mamdani, Please Freeze the Price of Pizza!
Stablecoins Are Money
Payment stablecoins – a new way for governments to print money – are manifestly and intrinsically inflationary.
Is Congress Really Going to Give President Trump New Tariff Powers?
After years of watching the two Trump administrations stretch virtually every trade statute they could find past the breaking point, Congress’ plan is to write the current administration a brand new one—voluntarily and on a bipartisan basis.
Why Capitalism Isn’t As Popular As It Should Be
The fundamental reason for not having full capitalism is its conflict with the prevailing moral code, altruism, that motivates voters’ preferences.
Are Stablecoins Money?
A new kind of money: what “payment stablecoins” mean for the debt, the dollar, and you.
The Anatomy of Deflation
Deflation is usually thought to be a synonym for falling prices. There could be no more serious error in all of economics.
Classical Economics Versus The Exploitation Theory
The fundamental place to challenge the exploitation theory is not over the labor theory of value or the iron law of wages, but here, over its conceptual framework—over the doctrines of the primacy of wages and the deduction of profits from wages.
F. A. Hayek’s “Use of Knowledge in Society”
Localized knowledge of time and space is knowledge that a person learns and knows about only in the everyday circumstances of the corners of society in which he lives and works.
Inflation Mind Tricks
Rising prices are a symptom of inflation, but just as a fever is not the same thing as the disease that caused it, rising prices are not the same thing as inflation itself.
Establishment of Gold as Money (Part 6 of 10)
The establishment of gold as money is essential to the achievement of a capitalist society.
The Freedom of Production and Trade Under Capitalism (Part 3 of 10)
An appropriate vehicle for the establishment of the freedom of production and trade, whether all at once or gradually, would be the establishment of one last regulatory-type agency: the Deregulation Agency.
NYC Mayor Mamdani Discovers the Bankruptcy of Rent Control
End rent control. Legalize housing investment. Let prices tell the truth. Let builders build. Let landlords maintain their buildings. Let tenants freely move. Let New York grow again.
Capitalism Must Be Defended at the Moral Level
Don’t let those who support socialism take the moral high ground because their morality is wrong.
The Fed’s Fatal Conceit
In my experience, the Federal Reserve is guilty of what F. A. Hayek (1989) called “‘the fatal conceit”–that is, the belief that smart people can do the impossible. I don’t care how smart you are or how great your mathematical models are, you cannot coordinate the economic activity of seven billion people on this planet.
Morality in a Capitalist Economy
It is always in one’s rational self-interest to be ethical.
The Myth That Foreigners Pay Our Tariffs
The costs of tariffs are always shared — and domestic citizens inevitably bear a significant portion of the burden.
US Shipbuilding and the Jones Act
US-built ships cost approximately five times as much as those constructed in South Korea.
Jones Act Undermines U.S. National Security & Economy in Both War and Peace
If the Jones Act must be suspended to address national security emergencies, why do we keep it in place during times of peace? Why keep it around at all?
End of DEI?
The DEI terminology may not have disappeared entirely from business but the ideology (if it ever amounted to more than virtue signaling in corporate communications) has been extinguished.
Gold and The Quiet Birth of a New Monetary Order
A new reserve asset is rising. It is not a cryptocurrency. It is not a new fiat experiment. It is something far older, heavier, and far harder to control.
America’s Triage: On Trump’s Economic Nationalism
“You should not be dependent for that which is fundamental to your sovereignty on any other nation.”
The Delusions and Dangers of the New Mercantilism
Trump has assumed the powers of a near absolute monarch to decide when, why, and against whom he will arbitrarily raise and lower and raise again tariffs on the importation of goods into the United States.
The Politics and Economics of Plato, Aristotle, and the Ancient Greeks
In Aristotle, we find a more subtle and sophisticated understanding of some economic themes than in Plato. While Aristotle’s answers were incomplete and often misdirected, as well as incorrect, he at least was among the first to ask the types of questions that centuries later became part of the heart of economic analysis and understanding.
In Defense of “Evil Billionaire” Jim Pattison
We should thank billionaire entrepreneurs like Jim Pattison and patronize their businesses – not attack them.
Liberty Eroding, Gold Rising: 30 Years of Warning
The dollar’s lost half its value and the price of gold exploded since our author first warned that politicians are ruining our purchasing power.
Can the Government Confiscate Your Gold?
The Real Risks of Owning Gold (and Why It’s Still Worth Owning)
Business Sucess Requires Principles Over Pragmatism
One of the reasons businesspeople dismiss moral principles is that they see them as burdensome duties to benefit others by sacrificing one’s own interests.
Understanding “Austrian” Economics, Part 2
All the rest of Austrian economics follows from these basic insights.
Understanding Austrian Economics, Part 1
what a good has cost to produce cannot directly determine its value, What it will cost to produce determines how much of it will continue to be made
Subscribe for free.
Latest pro-Capitalism goodness sent weekly to your email box.
No spam. Unsubscribe anytime.