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Critics claim the market economy engages in "planned obsolescence" that encourages throwing good products into landfills. In fact, activities that might seem wasteful are the best use of resources.
PhilosophyPhilosophy and Methodology
Language is an institution in society. We need to protect it from vandals in the state-linguistic complex.
Booms and BustsThe FedBusiness Cycles
Most economists see GDP as a snapshot of the performance of the economy. However, it is better understood as a misleading statistic which fails to accurately describe what really is happening economically.
Lest anyone underestimate the brutality of state control, the way governments have handled the covid-19 pandemic demonstrates the authorities have not yet hit bottom.
Bombing private property is bad. So, when someone bombed the pro-eugenics, antihuman Georgia "guidestones," we naturally condemned the bombing. But let's not pretend the monument was a good thing.
Economic PolicyPrice Controls
Rent control was imposed in Stockholm to "stabilize" the housing market. Not surprisingly, "stabilization" has meant housing shortages and years-long waits for available apartments.
While governments have been assaulting private property rights for many years, they now are ramping up the pressure. Nothing less than our civilization is at stake.