AI: “Existential Crisis” or Excuse for Cronyism?
As AI continues to develop, the prophets of doom claim that it will “take over” and create a dystopian society. Far from being an “existential threat,” AI is a tool that can be used for good or ill.
Economic Freedom
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Welfare Outside of the State
Welfare is usually seen as state-run activity. Yet, as Mises and others have noted, state-sponsored welfare undermines the economy and expands government power. Private charity is the only system that is sustainable and just.
Bureaucracy: The Red Tape that Prevents Economic Growth
Contra Keynesians, who believe that government spending and bureaucracy are the keys to economic growth, it is the bureaucratic state that swallows resources and stifles entrepreneurs. The more powerful the bureaucracy, the lower the standard of living.
The Trends of the Trade
Across the country, more young people are realizing that learning a trade is a better path than going to college.
Civilization Depends upon Economic Freedom
Political and academic elites claim that economic freedom is the antithesis of civilization. They claim that functioning civilization can come only from a welfare state, a nonsensical proposition
The West Needs Radical Political Change Towards Freedom
It has become painfully obvious that we will not reverse the current march toward statism by “electing the right people.” Violent revolution is not the answer either. We need to change the Western mindset—before it is too late.
Joseph Stiglitz’s Rocky Road to Serfdom
Nobel-winning economist Joe Stiglitz believes that the path to freedom is . . . less freedom. Of course, he doesn’t package his advocacy of socialism as the diminishing of freedom but rather as expanding freedom by restraining economic freedom.
They Want to Scare You with Myths of “Unhampered Capitalism”
Political and academic elites have successfully convinced the public that they should fear private enterprise. However, people really should fear an out-of-control government.
Free-Market Profit Comes From Voluntary Exchange, not Exploitation
Progressives claim that profits are an unjust transfer of wealth from the poor to the rich. In reality, entrepreneurs earn profits by directing resources from less valued to more valued uses to satisfy consumer needs.
They Want to Scare You with Myths of “Unhampered Capitalism”
Political and academic elites have successfully convinced the public that they should fear private enterprise. However, people really should fear an out-of-control government.
