Media and Culture

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Robert P. Murphy

Besides the fun of catching Krugman in his flip-flops, his record shows just how weak the empirical case for Keynesian fiscal policy is.

Murray N. Rothbard

One of the most important sociological laws is the "Iron Law of Oligarchy": every field of human endeavor, every kind of organization, will always be led by a relatively small elite.

George Pickering

The British Broadcasting Corp will remain firmly ensconced within the British state for the foreseeable future.

Ludwig von Mises

What characterizes capitalism is not the bad taste of the crowds, but the fact that these crowds, made prosperous by capitalism, became "consumers" of literature — of course, of trashy literature.

Thomas J. DiLorenzo

The shorter work week is entirely a capitalist invention. As capital investment caused the marginal productivity of labor to increase over time, less labor was required to produce the same levels of output.