Labor Productivity Myth
Are American workers becoming more productive? The data used to measure productivity are unreliable.
Barriers to Entry
The Microsoft and WorldCom-Sprint cases show the need to distinguish legal from economic barriers.
Boom and Bust (Part 2)
The Austrian Theory has come under fire; Gene Callahan responds in defense.
Trouble with Vouchers
The idea of vouchers sounds good, but it has too many inherent flaws, like Oskar Lange’s “market socialism.”
The Post Office and E-Commerce
Email is supplanting regular mail and the Postal Service is fighting for its life--at its customers’ and competitors’ expense.
Mr. Feynman’s Politics
A brilliant physicist and his musings on the failures of the state.
The Virtue of Competition
It’s trendy to decry competition as socially destructive. The reverse is true, argues Tibor Machan.
Hidden Costs of Regulation
In many countries interventionism has so undermined the supremacy of the market that it is more advantageous for a businessman to rely upon the aid of those in political office than upon the best satisfaction of the needs of the consumers.”
Ludwig von Mises, Human Action p. 310 (Scholar’s Edition)
Campaigns and Giveaways
The Gore message is fairly simple: he promises a vast and costless increase in government benefits to everyone who will vote for him.
The Tire Fiasco
The Firestone/Ford debacle is being used to spread the oldest myths in the anticapitalist lexicon.
