How Gun Control Became an Instrument of Tyranny in Venezuela
Venezuelans are defenseless against a government that runs roughshod over their civil liberties and economic livelihood.
Socialism
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Karl Marx and the Great Socialist Revival
As decades pass since the fall of the USSR, romanticism is replacing the bitter facts of the lives people in communist regimes were forced to live
The Morality of Fiat Money
[ Excerpted from chapter 13 of Guido Hülsmann’s The Ethics of Money Production (2008).] 8. Some Spiritual Casualties of Fiat Inflation Fiat inflation constantly reduces the purchasing power of money. To some extent, it is possible for people to...
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.
Soviet Dissidents and the Weaponization of Psychiatry
Sadly, the practice of branding political opponents as “insane” is not confined to the now-defunct Soviet state.
Let’s Defend Capitalism
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.
A Brief History of French Socialists
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.
The Economist Promoting Austrian Economics in Venezuela
Dr. Daniel Lahoud has single-handedly introduced hundreds of Venezuelan students to the ideas of Mises and Hayek.
Social Democracy
Much more so than any theoretical argument, it has been the disappointing experience with Russian-type socialism which has led to a constant decline in the popularity of orthodox Marxist socialism and has spurred the emergence and development of...
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Why Free Markets Are Better than Globalism
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.
