How Welfare States Make Us Less Civilized
The market’s informal, spontaneous cooperation for mutual benefit has been replaced by a statist mindset.
Value and Exchange
Displaying 231 - 240 of 954
A Flat Tax Is Not More “Efficient” Than a Tax System with Loopholes
If we want taxpayers to be more efficient, we should be giving them more tax loopholes. Closing loopholes has the opposite effect.
Value Investing’s Compatibility with Austrian Economics — Truth or Myth?
This article attempts to illustrate what makes value investing incompatible with Austrian economics and, hence, to terminate a lingering myth.
Trump’s Maoist Steel Obsession
The wealth of nations is not measured in steel, or in the number of people who make it domestically.
Las Vegas: An Austrian View of Land Prices
Is buying land a good idea? It's a lot more complicated than simply declaring "buy land, they aren't making it anymore."
We Don’t Need to Create Jobs — We Need to Create Value
Wages spring directly from, and are proportional to, the degree in which a job creates wealth by helping to satisfy an unmet need.
Capital Flows and Ricardo’s Law
Ricardo's law of comparative advantage is only part of the story when it comes to understanding the benefits of free trade.
Jeff Bezos Got Rich By Giving His Customers What They Want
Jeff Bezos is now rivaling Bill Gates for the richest man in the world title, but only after decades of making everybody else a little bit richer first.
