Progressives claim that profits are an unjust transfer of wealth from the poor to the rich. In reality, entrepreneurs earn profits by directing resources from less valued to more valued uses to satisfy consumer needs.
Feminist theorist Judith Butler is calling for mandatory education to confront children with modern gender theory. As David Gordon points out, she wants to use coercion to force people to accept her theories.
Great Britain are shifting back toward railway nationalization. Of course, the vaunted railway privatization of the 1990s wasn’t real privatization at all.
Jordan Klepper: You need to-- you know what you need to do?
Great Britain are shifting back toward railway nationalization. Of course, the vaunted railway privatization of the 1990s wasn’t real privatization at all.
Contra Joe Biden, this is not about pay “discrimination” or equity or a nefarious plot by team owners to cheat women. This is just consumer sovereignty in action.
Ingrid Robeyns doesn't want to abolish markets and replace them with central planning. However, as David Gordon points out, her ideas on reducing inequality reflect the belief that progressives can create a fantasy world, state control without the consequences.
Almost all of the climate hysteria is driven by the “luxury beliefs” held by Western elites. Only the wealthiest can afford the effects of climate policy.
While Social Security is not exactly a pension system, it has had a negative effect on private pension plans and has discouraged people from engaging in long-term savings. In the end, its negative effects outweigh the positive ones.
Today we are featuring the winning essays in the Student Essay Contest for undergraduates at the Austrian Economics Research Conference.
