Media and Culture

Professor Leland B. Yeager (University of Virginia and Auburn University) is one of the giants of the generation of economists after Ludwig von Mises. He was Mises’s student and translator — and has made a lifetime of contributions to policy...

Advertising must be defended by those who believe in freedom of speech — for that is all advertising is.

If such a second American Revolution should ever come to pass, Thomas Woods could even match his namesake Thomas Paine.

The idea here is that the evil witch Gothel, who is really old and decrepit but uses magic to look 40-something, is the stand-in for the state.

Even given his notable talent and hard work, Justin Bieber owes his fame and fortune to the organizing power of human action and choice.

They do not comprehend that capitalism, in engendering big-scale production for mass consumption, is essentially a system of wiping out penury as much as possible. 

Many people imagine that authoritarian regimes have an advantage over free societies because they can force people to conform to a rational plan.

For instance, Ayn Rand was a passionate smoker. None of the principle characters in <i>Atlas Shrugged: Part I</i> smokes.

So long as Ayn Rand’s villains continue to resemble the reality in Washington, the story of Atlas Shrugged will remain popular. The average American may not be a powerful railroad executive or steel magnate, but most believe they are entitled to the fruits of their labor.

The case of Seuss enthusiast Charles Cohen beautifully illustrates the harmony between personal profit and service to others in the voluntary market economy. For good or ill, entrepreneurs will provide what the customers want — whether it's one fish, two fish, red fish, or blue fish.