Production Theory

As usual, the rich are taking a beating this election season. But Lew Rockwell argues that they are the foundation of prosperity and a most precious asset.

Cities that ration water use are punishing consumers for a failure of the system of distribution.

Benjamin Tucker wrote that "Power feeds on its spoils, and dies when its victims refuse to be despoiled."

Email is supplanting regular mail and the Postal Service is fighting for its life--at its customers' and competitors' expense.

The Firestone/Ford debacle is being used to spread the oldest myths in the anticapitalist lexicon.

The sequencing of the human genome is yet another victory for private enterprise over central planning, writes Lew Rockwell.

It is time to refute claims of gas gouging and explain (once again) that not only were these price increases inevitable, but they have been specially packaged in Washington, D.C.

Americans have more housing choices than ever before, thanks to the automobile and modern communications. The regulators are fit to be tied, says William Anderson. 

A famed physicist warns of a market-driven genetic caste system. But the real danger is putting the government in charge of any technology.

The New England Journal of Medicine has it backwards: it's public, not private, money that skews research agendas.