World History

Angela Merkel has caused cultural blowback with seemingly unchecked migrant flows while simultaneously harming business with higher taxes and more anti-business regulation. The results have not been great.

People are not economic automatons who necessarily arrange their families in ways that advertisers and employers want them to.

Mises wrote this essay in 1940 from Geneva, where he lived after Nazis forced him out of Austria and his apartment was ransacked by German troops.

The envious are not satisfied with equality; they secretly yearn for superiority and revenge.

The right to property was not included in Canada's Charter of Rights and Freedoms. And it shows.

Under capitalism, the common man was no longer a drudge who had to be satisfied with the crumbs that fell from the tables of the rich.

Anthony de Jasay, an important  free market  economist and political philosopher passed away on January 23.

As a government economist for Austria following WWI, Mises fought a losing battle against reckless policies of inflation and government spending.

Although hardly "free-market" in any doctrinaire way, the relatively free economy of Taiwan delivered immense growth in standards of living while many Chinese on the mainland starved.

The Venezuelan central bank helped the regime destroy the middle class's wealth for many years.