Free Markets

Due to their copper content, nickels are worth slightly more than 5¢ and pennies minted before 1982 are worth almost 3¢. They won't stick around.

WWI served as the model, the precedent, and the inspiration for state-corporate capitalism for the remainder of the 20th century.

European regionalism may very well do more to promote the cause of liberty than the more vigorous, better organized libertarian movement in the United States.

Say's law not only points to the fallacy of the accelerator but to its corollary, "derived demand."

A strong tradition of leniency toward the implications of union activities existed among the British economists.

What is of great economic interest is not the mode of distribution at a moment of time but its mode of change over time.

Jefferson was disillusioned by the public debt, high taxation, government spending, flood of paper money, and bank monopolies that accompanied the war.

Robert Neuwirth is a journalist who is preoccupied with this question: What do people do when the state has made satisfaction of their wants, their natural desire to improve their lives, almost impossible? He’ll give you much to think about, and he’ll provide much contemporary evidence while he’s at it for something he really doesn’t yet believe or even fully understand.

Why is it that men become less thankful as their blessings increase? Marginal-utility theory helps us understand.

These idealists reveal themselves as believers in force and the efficacy of police measures to curb the egoism of individuals.