Economic Freedom

Artificial Intelligence, for all of the fear-mongering taking place, simply is a tool that if applied in a free market setting will make our economy stronger, not weaker.

English translation of Hans-Hermann Hoppe's Kritik der kausalwissenschaftlichen Sozialforschung (Opladen 1983). Translated by Andreas Tank.

Mark Thornton shows why real conservation comes from property rights and prices, not bureaucratic targets.

Stablecoins are the next big thing. So, what are stablecoins and what economics effects will they have?

Henry David Thoreau is supposedly an American icon and his Walden an alleged work of genius. In truth, Thoreau was a fraud and his anti-capitalist screeds were intellectually and economically incoherent.

As both left and right throw freedom and free markets over the side, we remember that there still is a remnant that understands why these things make for a good society. Albert J. Nock eloquently reminds us of what we are losing.

Unfortunately, the only country to have accepted a semi-free market in organs is Iran; however, the results there have been stunning.

Far from a system of exploitation, the free market peacefully harmonizes the preferences of everyone.

The US Cuban embargo continues, to the detriment of both countries. Not surprisingly, Murray Rothbard had strong opinions on the embargo, as he believed that US policies not only were self-defeating, but were outright harmful.

Economics, at its core, is the study of cause-and-effect relationships—analyzing how scarce resources, which have alternative uses, are allocated.