Global EconomyWorld HistoryPolitical Theory
When egalitarians like Oxfam say some people are "worse off," they really mean those people are getting rich more slowly than some others.
Peter Klein is interviewed by Tyler Xiong at Jifeng Bookstore about the forthcoming Chinese edition of Hayek's The Fortunes of Liberalism.
The EntrepreneurWorld HistoryPolitical Theory
By Oxfam's methods, anyone with a few bucks in the bank is causing poverty for the bottom 10%. Oxfam, of course, has much more than a few bucks.
Philosophy and Methodology
Joseph Salerno's essay "Ludwig von Mises as a Social Rationalist," is now available in a new easier-to-read version.
Senator Rand Paul's proposal is an improvement from Obamacare, but it doesn't address the fundamental problems with American healthcare.
The EntrepreneurMedia and Culture
A lack of entrepreneurial and managerial direction prevented Valve from coordinating enough to focus on developing a new Half-Life.
InterventionismValue and Exchange
A "universal basic income" serves to make workers and entrepreneurs less likely to produce goods and services the consumers need most.
Profit is a product of the mind, of success in anticipating the future state of the market. It is a spiritual and intellectual phenomenon.
The FedTaxes and Spending
The only way to avoid fiscal crises is to stop increasing spending and instead begin reducing spending on all aspects of the welfare-warfare state.
Corporate WelfareFree MarketsWorld History
Does not big business wrap itself in the mantle of free markets? If so, are not exponents of free markets supporting crony capitalism?