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This June marks the 45th anniversary of the revival of the Austrian School of Economics. During the week of June 15-22, 1974, the Institute for Humane Studies brought together about 50 people in South Royalton, Vermont to listen to a series of lectures by three of the...
Politicians always have ideas other than letting you keep your money.
It seems that every generation or two, fundamental economic ideas are questioned and challenged. The reasonable and important idea that governments should balance their budgets on an annual basis was challenged in the 1930s by the rise of Keynesian Economics and the...
Capitalism “is a fantastic system that is fundamentally moral because it allows individuals to pursue their own happiness. Your pursuit of your own well-being — a virtue in and of itself — also helps the world be a better world.”
Two years after the first black president departed office, the 2020 Democratic candidates fall over themselves promising to combat “white privilege” and to address “systemic” or “institutional” or “structural” racism against blacks.
If there is one common enemy that all opponents of individual liberty, free markets, and limited government seemingly can agree upon it is the “evil” of neo-liberalism. Everything that is hated in an open, competitive market society is summed into that word and...
The prime feature of political decision-making is that it’s a zero-sum game.
A successful battle against the collectivism of the left will have to await the appearance of a new, pro-capitalist right.
People who use slavery to trash the founders have contempt for our constitutional guarantees of liberty. Slavery is merely a convenient moral posturing tool they use in their attempt to reduce respect for our Constitution.
The single organization most responsible for paving young Americans’ way to socialism: the Republican Party.
The end goal of our planning paternalists is the command economy, the government-directed market, with all businesses required to follow the planner’s investment and employment directives and, presumably, be subject to some type of punishment if the imposed targets...
In his book "Discrimination and Disparities," economist Thomas Sowell notes that a disproportionate percentage of first-born siblings become National Merit scholars compared to siblings born later, presumably because the first-born starts life with no sibling...
America! The word has meant hope, opportunity and freedom for tens of millions of people over the last two and half centuries. For a good part of those 250 years, the words on the Stature of Liberty in New York harbor have rang true: "Give me your tired, your poor,...
Socialism promises a utopia that sounds good, but those promises are never realized. It most often results in massive human suffering.
Those who have seen the 1982 Steven Spielberg movie Poltergeist may remember the scene when the little girl touches the snowy screen of her family’s television and says, “They’re here,” meaning the evil ghostly forces bringing death and destruction. Well, they are...
Conservatives won’t defend capitalism because they won’t defend its morality, rational egoism, and won’t defend that morality because they’re wedded to religion and its ethic of altruism.
Apart from the fact that the Schumer-Trump proposal is double the Obama price tag, the answer is: very little.
Another partial federal government “shutdown” began on December 22, 2018. The impression from the media and other commentaries easily suggested that the political and economic sky was about to fall. Various government departments were closed and some government...
Social justice warriors ignore many differences that have little or nothing to do with discrimination but have an enormous impact on outcomes.
There’s nothing moral, “fair” or “progressive” about a graduated (communist) tax schedule.
Socialists like Bernie Sanders tell us that "the rich get richer, and the poor get poorer." That's a lie. Yes, rich people got absurdly rich. Last year, says Oxfam, "the wealth of the world's billionaires increased (by) $2.5 billion a day." I say, so what? The poor...
“Uncle Tom,” on the other hand is designed to label that person as a traitor, a sellout, as a black person who colludes with white racists to undermine the success of black people.
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...
Democrats seek to undermine individual rights and the rule of law in order to obtain votes.
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