World History

Displaying 51 - 60 of 1514

The Berlin Wall Reminds Us of What Happens After We "Smash Capitalism"

World History

Blog11/08/2019

It's not necessary to completely destroy capitalism to impoverish us irrevocably. The further a regime moves in the direction of the "egalitarian" states of the old communist world, the worse the impoverishment will be.

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The Problem of Poverty

World History

Blog11/07/2019

The history of poverty is almost the history of mankind. The ancient writers have left us few specific accounts of it because they took it for granted. It was the normal lot.

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The New York Times Gets Neoclassicals, Austrians, and Schumpter Wrong, all in One Article

World History

Blog10/19/2019

Free-market economists don't run the world, and book reviewers at the NYT should stop pretending they do.

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China Should Still Be Celebrating the End of Mao's Communism

Global EconomyWorld History

Blog10/08/2019

As it celebrates 70 years of the "People's Republic," China shouldn't forget its rise was made possible by its turn away from communism.

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Keynesian Economists Ignore Say's Law. We're Paying the Price.

World HistoryOther Schools of ThoughtPhilosophy and Methodology

Blog09/03/2019

By advocating an increased monetary role for the state, Keynes has made the credit cycle considerably worse and more destabilising.

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What We can Learn from Liechtenstein

Decentralization and SecessionWorld History

Blog09/03/2019

The Liechtenstein constitution goes to great pains to place obstacles in the way of exercising state power. It also has provisions explicitly allowing for secession.

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Price-Control Failures, Then and Now

World History

Blog08/29/2019

Price-control schemes have been failing for thousands of years. Now it looks like politicians in Washington are going to give price controls yet another try.

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The Left Argues Slavery Was an Economic Blessing. Here's Why They Are Wrong.

Labor and WagesU.S. HistoryWorld History

Blog08/20/2019

Slavery was a monstrously unfair and immoral institution. It was also inefficient, compared to a system based on free labor.

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The Social Philosophy of the Austrian Economists

World History

Blog08/10/2019

It was Ludwig von Mises who revealed the intimate connections between Austrian economics and authentic liberalism.

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In Brazil, Social Democracy Breeds Corruption

Global EconomyWorld History

Blog08/09/2019

Anti-poverty programs pushed by social democrats have enabled ever higher levels of corruption as bigger government programs mean the ultra-rich can skim more off the top.

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