Free Markets

Mises Daily Thursday by Dale Steinreich.

Christmas is the most pro-capitalist of all holidays because its worldly joys are based on private property, voluntary exchange, and mutual benefit. It's also one of the least political of all major holidays.

The Harrison Narcotics Act of 1914, a bill with racist origins designed to increase the tax burden on non-whites in the United States, was passed 100 years ago today. It has since given birth to an immense police state apparatus.

In case you missed it live, here's is the archived interview with Jeff Deist on Power Trading Radio from November 21.

Many people think that tipping is a results from stingy employers not paying a “living wage.” But tipping solves multiple economic prob

States wish to gain monopolies and maintain them in all facets of life, while entrepreneurs strive to offer alternatives to the state.

States wish to gain monopolies and maintain them in all facets of life, while entrepreneurs strive to offer alternatives to the state.  It's our job to prevent the state from simply declaring the competition illegal.

The term “anarcho-capitalism” has, we might say, rather an arresting quality. But while the term itself may jolt the newcomer, the ideas it embodies are compelling and attractive, and represent the culmination of a long development of thought.

Many people think that tipping is a results from stingy employers not paying a "living wage." But tipping solves multiple economic problems while making employers more likely to hire untried workers. 

The state seems more powerful than ever, but the state is both economically and intellectually unsustainable.