Both Brazil and the US had slavery in the 1800s, but the US economy flourished while Brazil’s languished. If slavery was the engine for US economic growth, as leftists claim, then why didn’t Brazil's economy match that of the US?
In this week’s Friday Philosophy, Dr. David Gordon looks at philosopher Richard Miller’s stunning retreat from Marxism, the philosophy he espoused for most of his career.
As the Iran war and other events challenge US hegemony around the world, reality is forcing Americans to rethink what they once took for granted.
Rainer Zitelmann, the erstwhile defender of capitalism, takes his defense out of this world as he examines capitalism and space travel. Lipton Matthews, in this review of New Space Capitalism, gives it a thumbs up.
The neoliberal establishment has done much to define our highly-interventionist, inflationary, and crony system as true free-market capitalism. They shouldn’t be surprised, therefore, that people are turning against it.
The neoliberal establishment has done much to define our highly-interventionist, inflationary, and crony system as true free-market capitalism. They shouldn’t be surprised, therefore, that people are turning against it.
Ask a socialist critic of capitalism how to define capitalism and you will probably receive an incoherent answer. Defining these ways of social organization is vital and understanding them is even more important.
Freer markets have made what were once luxuries available to the masses, despite state interventions and regulations.
We are told ad nauseum that the capitalist system runs on greed. In reality, a successful economy depends mostly upon trust.
Quinn Slobodian’s Hayek’s Bastards suggests a connection between Austrian economics and a new wave of authoritarianism and racism.
