The newest political cliché offered up by the Republicans speaks of the need for an "Ownership Society." To those of us who support private property, it might sound good at first. But let us think about this before embracing it.
How much of the spectrum should be privatized? All of it, writes B.K. Marcus. Even the vast "beachfront property" held by the military? Yes, all of it.
Economists of an Austrian bent just can't take off their analytical spectacles, writes Mark Thornton, even when undertaking simple life activities like driving from here to there.
The President today, writes Adam Young, is the focus of political and increasingly social life. He is presented to the public as an all-purpose master of every issue and situation, a veritable demigod in his reputation for near omniscience and infallibility.
Why didn't private entrepreneurs finance the moon program in the 1960s? Robert Murphy explains that the financial returns from such a project wouldn’t come close to covering the expenses, which is a market signal.
If we had the medical system that a number of politicians and newspaper editorial writers in this country have been demanding, I very likely could have died.
Mises was right that unions have always been a primary source of anti-capitalistic propaganda. But since he wrote Human Action, American unions have also been at the forefront of lobbying efforts on behalf of the regulation and taxation of business—of capital—that has severely hampered the market economy, making everyone, including unionists, worse off economically.
The government stumbles or runs into crisis after crisis, writes Gregory Bresiger.
It was capitalism that finally ended the Great Depression, writes Tom DiLorenzo, not FDR's hair-brained cartel, wage-increasing, unionizing, and welfare state expanding policies.
Charles Tomlinson remembers when the environmental movement screamed that the world as we knew it was destined to doom because of the nasty chip mills, the clear cut destruction of the forests, and the pollution of our waters caused by tree cutting.
