The Mises Week in Review: October 24, 2015
No amount of fantasizing can make fundamental economic realities go away, no matter how much we put our faith in central banks, government regulation, or technologies of the future.
No amount of fantasizing can make fundamental economic realities go away, no matter how much we put our faith in central banks, government regulation, or technologies of the future.
Mike Judge's Silicon Valley, takes a look at the entrepreneurs and capitalists of the high-tech world where oddball inventors learn the hard lessons of Economics 101. It turns out there's a lot more to making money than just being smart.
Millions of pop culture consumers have been affected by the "post scarcity" world portrayed in Star Trek. But even in Star Trek, the claims of having overcome scarcity are belied by the fact that human lives, planets, starships, and time all remain scarce.
International trade grasped headlines with Monday’s announcement that twelve governments have agreement on the Trans-Pacific Partnership. While we should expect to see this celebrated in the editorial pages of the Wall Street Journal, it is unfortunate even libertarian organizations are praising the agreement.
Our visit was an opportunity to build lasting friendships with fine people and to see at first hand the wonderful work this privately funded organization is doing.
Jeff Deist and Ed Stringham demolish the idea that only the state can manage and adjudicate human conflicts.
To support free markets is to invite criticism on virtually every policy issue.
How should we define equality? The state won't define it, and a definition doesn't really matter because "equality" isn't really about helping anyone but the state and its agents. It's about some people exercising power over other people.