What Not To Do
In a usual wartime situation, the government massively expands and then falls back only partially after it is over. The present circumstances, however, are even worse than wartime.
Is Libertarianism Defunct?
The opponents of liberty are always ready to shift their ground, no matter how often they are refuted with evidence and argument-a fact that makes the task of showing their errors no less necessary.
Creating Economic Crimes
Charging $4, $5, or even $100 for a gallon of gasoline is not a crime; rather, it is a logical response to what buyers and sellers perceive to be the current market situation.
A Modest Craft
Capitalism is about “laboring the earth” more fruitfully so that fewer men go needy, so that the next fanatic finds less willing recruits, so that amid bustling commercial intercourse, barriers of class and race and ignorance are dissolved into mutual respect and benefit.
A Tribute to Trade
The absence of capitalism would reduce us to barbarism and utter poverty.
The War on Tax Havens
The Organization for Economic Co-operation and Development says it wants to eliminate tax havens because their practices are harmful, if not criminal. What it really wants is to eliminate tax competition.
Cantillon is Back
The most important book in the history of economics was first published more than two and a half centuries ago, but this brilliant work by Richard Cantillon remains a must-read for professional economists and laymen alike.
The Open-Standards Ploy
Perhaps it’s inevitable that a good magazine sooner or later really blows it on a particular issue. A relatively recent and shocking column entitled “Will History Repeat Itself?“ in the August 6 issue of Forbes is a good example.
Capitalism for Kids
Parents and kids should realize that learning principles of economics and business is not about propaganda-spouting: it is about logic, thinking, and problem solving.
The Assault on Mathematical Economics
Even though research commenced in the 1970s, behavioral finance has only now gained wider currency with its terminology and ideas more widely disseminated and accepted.
