Progressive Policies Are Great If You Don’t Care About the Future
Suppose that every human being was today to learn, and to accept this knowledge beyond any doubt, that the world […]
Business & Economics
When and Why Did Republicans Turn against Business?
What is the deal with all the strange attacks on the tech sector coming from Republicans and conservatives? It began […]
Nobel Prize Goes to Richard Thaler, Behavioral Economist
Richard Thaler has won the Nobel Prize for initiating the behavioral moment in economics. My view of the Nobel Prize […]
Transaction Costs and the Progress of Humanity
The progress of humanity is the story of the ongoing reduction of transaction costs. Increases in wealth simply mean that […]
London’s Uber Ban Shines Light on the Sorry State of the Rule of Law
Transport for London (TfL), the government agency responsible for regulating transportation in the UK’s capital, recently decided to revoke Uber’s […]
Forget Monopoly: This Board Game Really Simulates Capitalism
For many of us, our first exposure to running anything like a business was the first game of Monopoly we […]
How Puerto Rico Can Rebuild and Become the Hong Kong of the West
After a particularly devastating hurricane season, Puerto Rico has an uncertain future. Already mismanaged and saddled with debt, the island […]
Why the Kimmel Case for ACA Fails
On May 12th, late-night personality Jimmy Kimmel gave a now-famous monologue about his newborn son’s health complications, concluding with a politicized […]
Limited Liability Does Not Mean What You Think It Means
In the much-beloved movie, The Princess Bride, Inigo Montoya has spent his life seeking revenge against Count Rugen, the man who […]
The Real Reason Young People Can’t Get Jobs in Africa
6.8 percent: that was July’s seasonally adjusted unemployment rate for US workers ages 18–44. For those ages 18–24, the rate […]
Europe Can Only Afford Its Welfare State by Heavily Taxing the Non-Wealthy
I argued last year that leftists should be nice to rich people because upper-income taxpayers finance the vast majority of the […]
Finns Aren’t Breeding Taxpayers Fast Enough for the State
The world’s best welfare state arguably is Finland. Yes, the burden of government spending is enormous and the tax system […]
Bastiat Is Common Sense Personified
To read mainstream economics reporting regularly is to encounter one blood pressure-raising falsehood after another. Growth is the greatest enemy […]
Food Truck Kicked Out of Town for Serving Hurricane Victims Without a Permit
During times of natural disasters, communities and local businesses come together to provide much-needed necessities to one another. In Green […]
Bitcoin Is Taking Over in Venezuela
In recent months, news about Bitcoin being widely purchased and mined in Venezuela has led to a number of rumors regarding the […]
Ludwig von Mises and the Real Meaning of Liberalism
Liberalism has become one of the most widely misused and abused words in the American political lexicon. It represents, some […]