Philosophy and Methodology
Is Intellectual Property the Key to Success?
But what you are not permitted to do in a free market is use violence in the attempt to create an artificial scarcity, which is all that IP legislation really does.
Whiny Journalists
There’s a brand of whiny, journalists who use nostalgia to attack the affluence that capitalism has bestowed on us.
Property Rights and the Theory of Contracts
[This article is taken from chapter 19 of The Ethics of Liberty.
Economic Lessons from the Amish
Economic freedom in fact reduces unemployment to levels significantly below those in less free countries. The Amish may hold the secret to full employment, but rejection of modern capitalism is full employment in poverty and hardship, not the rich fruits of progress.
John Galt Lacks Appropriate Neural Firing
From the University of Oregon comes this: A psychologist and two ec
9. Money and Prices
In the history of money, bartering was awkward because wants were not divisible. Direct exchange depended upon a double coincidence of wants. Demand for a medium of exchange grew until a general medium of exchange emerged, like gold and silver.
If Men Were Angels
In If Men Were Angels Robert Higgs analyzes James Madison’s famous pass
