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According to this theory, cooperation among any number of persons is more productive than the individual efforts of the same persons in isolation from one another.

Up until recently, Disney has had the right to more or less self-governance, but it is looking like that privilege has reached its end.

A libertarian view of the law by definition means that there can be no immunity from legal consequences. Anything else perverts the very meaning of law.

We are told that economic growth goes along with liberal democracy. But social institutions play an important role that transcends the political order.

The patent system in pharmaceuticals incentivizes firms to game the system for monopoly profits.

History is only a tiresome repetition of one story. Persons and classes have sought to win possession of the power of the state in order to live luxuriously out of the earnings of others.

Entitlement spending, which includes administrative spending, totals 19% of GD

Propping up congressional deficit spending, juicing equity markets, and constantly recapitalizing commercial banks are the Fed’s true mandates.

Despite the Left's denials that Hitler was a socialist, a careful reading of his writings and speeches tells a different story. His sympathies lay with the workers, not the bourgeoisie.

Trying to understand the Russian invasion of Ukraine from the exclusive viewpoint of modern Western democracy is to ignore the long history of authoritarian leadership in Russia.