Four States Vote to Punish Low-Skilled Workers With Minimum Wage Hikes
Recent minimum wage increases will both increase the cost of living and limit employment for low-skilled workers.
The Entrepreneur
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Will Driverless Cars Make Traffic Cops Irrelevant?
The states control over deciding who drives and how becomes a lot less relevant in a world of autonomous cars.
A Conversation with Entrepreneur Robert Luddy
Austrians have a perfect understanding of how a free market works and why the competition of the free market produces excellent companies.
New Overtime Rules Will Make Life Much Harder for Young Workers
Salaried jobs provide opportunities and flexibility. Government regulators want to take those options away.
Ignorance Is More Costly in Politics than in Markets
Not understanding how politics works will prove to be much more harmful than ignorance about how markets work.
Latest Regs Show “Consumer Protection” Can Justify Pretty Much Anything
When new and burgeoning markets find themselves operating in unregulated territories, it does not take long for the state to intervene.
The Trumped-Up Myths Behind “Trickle-Down” Economics
The critique of "trickle-down" economics relies on a mistaken zero-sum view that more income for some must reduce incomes to others.
Henry Hazlitt’s Dystopia: A Review of Time Will Run Back
Henry Hazlitt brings to his only novel, Time Will Run Back, the same clarity and ease for the reader he brought to Economics in One Lesson.
The Ethics of Entrepreneurship and Profit
With a state in existence, ultimately, all private property becomes state property.
Leave The Street Food Alone!
In Brazil, street food is an important source of income for poor households. So why is the government always interfering in the street-food economy?
