Capitalism Facilitates Mutual Aid. It Can’t Be Dismissed as “Selfish Materialism”
By asking people not to pursue market success, altruists are actually asking them not to help others.
By asking people not to pursue market success, altruists are actually asking them not to help others.
Hazlitt popularized sound economic thinking, was a critic of Keynes, and contributed to ethical moral philosophy. Not bad for a poor fatherless boy and college dropout.
Antipoverty "strategies" like mandatory overtime pay, state-protected unionization, and opposition to labor-saving devices only serve to increase the cost of living for poor and rich alike.
The passing of Professor George Ayittey stills a powerful voice for free markets in Africa.
Mises Institute president Jeff Deist will speak on Friday, May 13th at the annual Free Market Medical Association conference!
Jordan Peterson is turning his eye toward Austrian economics. Unlike the many conservatives who see free market advocacy as some sort of "dangerous fundamentalism," Peterson seems to get it.
Our friend Saifedean Ammous joins Jeff and Bob Murphy for a demolition of the pseudo-economics behind Green energy.
The average standard of living in this country is higher than in any other country of the world. This is because the per head quota of capital invested is in America higher than in other countries.
Arguments for equal pay are popular in our body politic, but what happens if some of those arguments are based upon the faulty logic of the labor theory of value?
Austrian economics begins with logical deductions made from what we know about human action, not data sets that are subject to change.