Venezuela’s Crisis: What’s Oil Got to Do with It?
Oil prices did not cause the Venezuelan crisis. Nor can oil now be its cure.
Oil prices did not cause the Venezuelan crisis. Nor can oil now be its cure.
Sadly, the practice of branding political opponents as “insane” is not confined to the now-defunct Soviet state.
Capitalism — not democracy — is what gives us the blessings we have come to associate with a free society. So it is markets and not democracy that we must defend.
France did not adopt collectivism overnight. Rather, it has seen key periods that have made France fertile soil for a certain brand of aggressive socialism.
Dr. Daniel Lahoud has single-handedly introduced hundreds of Venezuelan students to the ideas of Mises and Hayek.
For Quinn Slobodian, economic arguments for the market are mere business propaganda. He does not grasp that the argument for free exchange follows from elementary economic theory.
Why is it that starving Venezuelans are eating dogs while Americans are rescuing dogs from hurricanes?
Some inequality arises naturally from freedom of choice. Some comes from government meddling. One is good and the other is bad.
In this 1971 New York Times editorial, Murray Rothbard described how, under Nixon's "New Economic Policy," "fascism came to America."