U.S. Economy

Everything we have heard from conventional wisdom regarding the minimum wage is false, writes Shawn Ritenour.

Stefan M.I. Karlsson examines the claims of the Efficient Markets Hypothesis that neither Donald Duck nor Scrooge McDuck can earn more than the average.

The "superior bargaining power" argument has always been the most important argument on behalf of unionism and of all the legislative privileges that unions enjoy. Thomas DiLorenzo points to Mises's demolition of the idea.

The Deficit Twins, are, at best, fraternal, not identical, writes Sean Corrigan. In the last six years, US defense spending has risen 60% and four-fifths of this increase has taken place just since the present Administration took office.

The term "overworked" can be highly subjective, writes Carl Horowitz. Even a classic workaholic has a point at which he says "enough!"

Protection or Free Trade, published in 1886, is undoubtedly one of the most significant works ever written on the subject, writes Laurence Vance.

Mises was once asked what one institution gives evidence that a society has crossed into socialism from capitalism or vice versa, writes Dale Steinreich.

If minimum wage laws are not found to harm small businesses or lead to rising prices, Tom Lehman asks, then they must be ok?

The body-weight crusaders continue their Quixotic struggle, writes Gard Goldsmith, because they believe in the Marxist myth that the owners of the means of production make people buy things.

Howard Ruff has returned with a new book, Safely Prosperous or Really Rich: Choosing Your Personal Financial Heaven, and another recommendation to buy gold. Hey, it was lucky for him in 1975, maybe it will work for him again to sell three million books.