Interventionism

It is not co-ownership per se that causes moral hazards. They are caused by the uninvited and unwanted co-ownership that springs from interventionism.

The shorter work week is entirely a capitalist invention. As capital investment caused the marginal productivity of labor to increase over time, less labor was required to produce the same levels of output.

In 1918, the Soviet Union became the first country to promise universal “cradle-to-grave” healthcare coverage, to be accomplished through the complete socialization of medicine. The disastrous results speak for themselves.

Interventionist policies have brought about all the effects economists predicted.

Why do seemingly endless military conflicts persist, despite lacking any constituency beyond the DC beltway?

Whether the "slander" is due to a misrepresentation of fact or the imposition of ideology, the Industrial Revolution should bring a libel suit against historians.

"Your doctor and nurse, no matter how nice today, will become the bureaucracy."

Inequality of wealth and incomes is an essential feature of the market economy.

Recorded at Mises University 2018.

The standard reply of the Fed and its partisans is that any such measures, however marginal, would encroach on the Fed’s independence from politics.