Political Theory

Watch Ryan McMaken's talk at the Mises Circle in Dallas-Ft. Worth.

Protectionism is about giving consumers and ordinary people fewer choices while making them pay more for goods and services.

As always in an election year, the public clamors for more jobs. But really, they are clamoring for more, newer, and better stuff.

Libertarians must never compromise, even if it means accepting partial victories.

Ending the taxpayer-funded gravy train for colleges will force them to cater to students instead of to the special interests that now control them.

The polling booths of the market are ubiquitous, many are open 24 hours a day, and offer a daily plebiscite in which consumers express their values.

Both political corruption and trade barriers lead to economic impoverishment. The current election has brought both issues to the fore.

In a free market, increasing trade leads to increases in real wages. Unfortunately, central banks have intervened to inflate many of those gains away.

Regardless of what is actually happening in the world, one thing is certain: in the long run, the Pentagon budget will not go down.

Not realizing that markets merely reflect the values of consumers, theologian Harvey Cox imagines that markets somehow force consumers to shop.