Political Theory

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 this 28-minute talk, Peter Klein explains why governments employ so many economists, and what economists should really be doing.

Gerard Casey paints a promising but realistic picture of what individualists of all stripes are up against.

Who would join a radical minority movement, and commit him- or herself for life to social obloquy and a marginal existence, for the sake of 20% more bathtubs, or 15% more candy bars? Who will man the barricades either physically or spiritually, for more peanuts or Pepsi?

Liberty means to exercise human rights in any manner a person chooses so long as it does not interfere with the exercise of the rights of others.

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

Far and Wide leaves us wondering if Peart applies the same demands for empirical proof to bleeding heart government policies.

Since the State thrives on what it expropriates, the general decline in production that it induces by its avarice foretells its own doom. Its source of income dries up. Thus, in pulling Society down it pulls itself down.

The markets are not a struggle between rich and poor, strong and weak. On the contrary, they help humans work together to benefit everyone. 

People engaging in motivated ignorance “neither know — nor want to know — what the opposition has to say.”