Development economists often confuse natural resources with wealth and then are puzzled when countries rich in resources experience widespread poverty. Free markets lead to creation of wealth, period.
Global elites have a "wonderful" plan for the rest of us, even if they don't intend to live within its strictures.
The New York Times recently interviewed economist Herman Daly, who insists that economic growth is ecologically destructive. There is much more to the story.
Patents lack a basis in natural rights; to the contrary, they may be a patent absurdity.
While divine monarchy might seem illogical or archaic, it had a larger positive economic impact in society that historians have overlooked.
The news that Starbucks is closing sixteen stores due to customer safety concerns exposes the lack of police protection in cities and the problems with allowing noncustomers to remain in stores.
Lest anyone underestimate the brutality of state control, the way governments have handled the covid-19 pandemic demonstrates the authorities have not yet hit bottom.
How can people deal with conflicts in a peaceful and mutually agreeable way? Mises, Hoppe, and Robinson Crusoe himself point the way.
The government of the United Kingdom is using coercive means to promote its dubious goals of "diversity and inclusion." In the end, freedom recedes while state power increases.
The news that Starbucks is closing sixteen stores due to customer safety concerns exposes the lack of police protection in cities and the problems with allowing noncustomers to remain in stores.
