Wresting Land from the Sea: An Argument Against Public Goods Theory
According to many economists we need the state to provide public goods.
According to many economists we need the state to provide public goods.
Three decades ago, I published “Do We Ever Really Get Out of Anarchy?” The answer I gave is that we do not, that government only substitutes one ki
This is the most important book on public policy to be published in a long time.
For many libertarians, the thesis of self-ownership is the foundation of their political philosophy.
In this article, William L. Anderson reviews Judge Andrew P.
Mazzucato’s economic reasoning falters on one of the most basic axioms of economics, namely the broken-window fallacy.
Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2014.
Left alone, the market always allocates resources to the highest bidder i.e., to their most highly valued uses and through this process of investment and reinvestment, capital is accumulated and the marginal productivity of labor increases. Thus when the market remains free, wages and living standards are seen to continually increase as well.