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Entrepreneurship is the key to real development, but cultural attitudes are often a significant barrier to entrepreneurship in the developing world.

In colonial America, "liberty" came to mean rights one possessed outside of government approval. In revolutionary France (and in modern Canada) it has come to mean participation in a political system.

Economic calculation requires a monetary system that is not sabotaged by government interference.

The latest bout of inflation has exposed how central banks around the world have used easy money policies to help cover for the economic drag created by the regulatory state.

Germany's foray into green energy is turning out to be a disaster, but abandoning the green utopia is only the first stage for that country. It is time to put common sense and sound economics at the forefront of German policy making.

Between its political happy talk in the contrast to reality and its broken promises, whatever credibility the Fed had in the past is long gone

Not satisfied with putting thousands of people out of work with its infamous AB 5 legislation, California lawmakers now are going after fast-food businesses.

Praxeology and economics have a definite place in the evolution of human history and in the process of scientific research.

In the past, many Americans may have simply trusted to the regime to provide "law and order." But that sentiment is apparently becoming more and more rare.