Politics
By their nature, free markets promote harmony between people and increase overall standards of living. This view is radically different from the ones promoted...
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By their nature, free markets promote harmony between people and increase overall standards of living. This view is radically different from the ones promoted...
Organizations like the European Union and the United Nations are inventions of government elites and are designed to serve the interests of government elites....
Totalitarian bureaucracy necessitates a constant state of crisis and there is no better creator of crises than imperial machinations.
We’ve just released the first two video lectures in Jonathan Newman’s new online course based on Dr. Murphy’s Lessons For the Young Economist, on...
Too many economic commentators claim that monopolies are the cause of inflation. Austrian economic analysis shows that this is impossible. Original Article: “Do Monopolies Cause...
In a free society, political crimes like treason and “seditious libel” are few and far between. Under despotic regimes, on the other hand, political crimes multiply. ...
In the Gulag, political prisoners were systematically terrorized by ordinary criminals with the encouragement of the authorities. It was hoped this would help the regime...
Leonard Read’s famous “I, Pencil” explained the workings of the market in terms of the creation of a simple pencil. However, we should not...
Yellow Trucking Company has filed for bankruptcy and ceases to exist as a viable firm. Much of the blame is due to the Teamsters...
In this episode, Mark explains why we need a Crash (or very Hard) Landing in the US economy and the world economy. Specifically, why is...