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Buchanan and Tullock‘s The Calculus of Consent influentially applies economic ideas to politics, focusing on methodological individual. However, there are a few pitfalls about...
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What happens when the Department of Government Efficiency fails? Human devolution or political revolution? Or both? Mark Thornton discusses some pertinent lessons from the...
The Cultural Revolution continues apace in this country and it is aimed at all of the old Confederate symbols from statues to the Confederate...
The Austrian school recognizes that economic analysis is timeless and the ancient story of “The Poor Man of Nippur” provides an excellent example. From...
Buchanan and Tullock‘s The Calculus of Consent influentially applies economic ideas to politics, focusing on methodological individual. However, there are a few pitfalls about...
Historical revisionism is nothing new, and recent attempts to label an “antiracist” approach to history have wrongly been called “revisionist.” To better understand revisionism,...
Not all news from the gold and monetary fronts is bad. In fact, gold made a number of advancements in seven states, including exemptions...
The watchword among progressives this election season is: “Nothing less than our democracy is at stake.” In truth, democracy itself is not in danger,...
Employing the Labor Theory of Value, Marx claimed that entrepreneurial profits arise from exploitation of workers. In reality, entrepreneurs earn profits when they correctly...
Birkin bags are pricey and the producer restricts its potential buyers. Unfortunately, disgruntled customers who don’t want to follow the company’s rules are now...
Progressives blame the free market for insulin prices and want to impose price controls. But, government regulation is to blame.
Wage differences between men and women often are automatically attributed to sex discrimination against women. However, as research has shown time and again, other...
Looking for an introduction to the real story of the foundations and tragedies of the world wars? This new book by the late historian...
A new study from the Institute for Research on Labor and Employment at UC Berkeley claims that California‘s new $20 fast food minimum wage...