Holcombe contends “political capitalism,” has come to replace market capitalism. We now have an economic system in which government and the private sector team up to exploit everyone else.
SubjectivismValue and Exchange
Prices are set by how much people value goods and services. And people value things based on what they think will improve their life and well-being.
Legal SystemU.S. History
The #NeverAgain movement that arose after last year’s Parkland shootings ignores how government officials cannot be trusted to behave honestly or responsibly to save student lives.
We need an Army of “Hazlitts ” today: men and women of courage and wisdom, who are unafraid to speak and write the truth.
Many products — delivered by the marketplace — that are mocked as "useless," and which environmentalists denounce as "wasteful" are essential items in the daily lives of many disabled people.
Before wealth can be redistributed by the state, it must first be produced. But welfare-state policies end up destroying the very wealth which is necessary for redistribution.
Money and BanksMoney and Banking
Joseph Salerno discusses the Hoppean method of addressing economic controversies.
Given the Fed has never spotted a bubble in real time, why should anyone believe we aren't in one right now?