The only way to provide good medical services at a reasonable cost is to bring back market pricing. We need the market not only to get supply and demand back into balance, but also to decide what exactly will be supplied. When was the last time that anyone saw a normal market price in medicine?
The focus of Dallas Buyers Club is on the crony-capitalist relationship that exists among the American health care system, the pharmaceutical companies, and the FDA. The monopoly power that results from this union is used to stifle a person’s right to consume what he wants and treat himself as he sees fit.
Peter G. Klein answers a viewer's question, and explains how salary caps are price controls.
Today is the 80th anniversary of the Repeal of Alcohol Prohibition in 1933.
This variety of Cannabis sativa has a low or undetectable concentration of THC and does not produce a “high” or have any known medical uses.
Nafta is a big business trade deal. It is part of a long campaign to integrate and cartelize government in order to entrench the interventionist mixed economy.
Venezuela illustrates Mises’s argument that economic intervention, if unchecked, leads to socialism.
A few days after the victory of Cristina Fernandez de Kirchner in Argentina the government imposed foreign exchange controls.
The Obama administration inserted language into the 2012 fiscal cliff bill that enabled GE to avoid paying much federal income tax.
Far from being creatures that can “save” an economy, the Debt and Inflation Fairies are the architects of economic disaster.
