When dealing with people in a potentially hostile environment (such as a zombie apocalypse) how do we decide if we should trade with strangers or kill them? It turns out time preference and the division of labor has a lot to do with it.
In “The Theory of Money and Credit”, Mises provided the basics for the long-sought explanation for that mysterious and troubling econom
It may be a simple tale, but the story of Sleeping Beauty, as retold in 2014’s film Maleficent, repeatedly makes the point that the evils of the world come from political power and those who seek it.
In this interview, Mark Thornton discusses his debate on the drug war at Oxford University and provides a view on how drug prohibition is viewed internationally.
The NCAA ensures there is no functioning job market for athletes and no competition to which students might go seeking higher pay, writes Andrew Sy
The war on drugs has no benefits, just costs and negative unintended consequences. These include drug-addict crime, drug-dealer violence, bribery and corruption, and the increase in drug potency to deadly levels.
Politicians and the mainstream media have faith in the central banks to manipulate and manage the global economy.
Dr. Gordon provides recommended readings for understanding the Cold War. Communist totalitarianism did not necessitate an aggressive foreign policy.
Mises and Rothbard are exemplars of what can be considered a modest life that bore remarkable fruit.
