Media and Culture

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Dwight Schrute Shows Us Why Speculators Are So Important

Media and CultureCalculation and KnowledgeValue and Exchange

Blog03/06/2017
The TV character Dwight Schrute provides some valuable insights into how speculators provide essential and praiseworthy services in the marketplace.
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Hayek on Fake News

Media and Culture

Blog03/02/2017
"Fake news" was as a dominant theme of the 2016 US presidential campaign and has been in the public eye since. To the libertarian, this isn't news.
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Broke and in Debt? Join the Club

Media and CulturePraxeology

Blog02/27/2017
Nearly half of Americans have no money for even moderately serious emergencies. This results from decisions we've made, both personal and political.
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The Great Gatsby and the Fed

Booms and BustsMedia and CultureBusiness CyclesPolitical Theory

Blog02/17/2017
The “constant flicker” of American life described by Fitzgerald in his novel is no less than the artificial boom driven by the Fed during the 1920s.
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Trump Makes Up Murder Stats to Push for More Government Power

Legal SystemMedia and CulturePolitical Theory

Blog02/07/2017
Trump has declared that homicide rates are at a 47-year high. The real data suggests we're closer to a 50-year low.
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Human Action Beats Stats in the Super Bowl

Media and CulturePraxeology

Blog02/06/2017
We study probability and statistics for the same reason we study economics: we want to make sense of the world.
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Chasing Golden Dreams

The EntrepreneurMedia and CultureCalculation and Knowledge

Blog02/05/2017
The new movie Gold is a case study in entrepreneurship — and a lesson on how entrepreneurs often fail.
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Wealth Isn't Just Measured in Money — It's Measured in Choices

Media and CultureValue and Exchange

Blog01/31/2017
Don't compare incomes today to incomes of long-ago time periods. The wealth and choices available to income-earners has changed drastically over time.
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Advertisers Aren't As Powerful As We Think

Media and CulturePolitical Theory

Blog01/27/2017
Experience suggests that advertising and propaganda aren't as powerful as we assume them to be. This has both economic and political implications.
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The Antidote to Marxist Literary Criticism

Media and CulturePolitical Theory

Blog01/17/2017

In a new book Literature and Liberty, Allen Mendenhall brings a fresh eye to literary criticism — a discipline long marred by doctrinaire Marxism.

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