JOIN OR RENEW TODAY
Market knowledge is generated in individual transactions and by entrepreneurial drive. No amount of technology can replace the market process.
All price changes have real effects on demand for goods, and therefore alter goods' prices relative to one another. For this reason changes in the money supply can't fail to affect resource allocation.
At best, lockdowns have deferred death for a short time, but the lockdowns cannot possibly be continued for the long term.
Because each person's control over his own body and will are inalienable, no person can be held to any sort of slavery "contract" even if all parties once agreed on it.
Like it or not, libertarians have divided themselves along left-right lines. Here's a brief explanation.
We need both prices and entrepreneurs to have a functioning and prosperous marketplace. Under socialism, though, we have none of the above.
Although it's easier to buy guns in Indiana and Wisconsin than in Chicago, homicide rates are lower in those states than in either Illinois or Chicago.
After years of working as a DC journalist, Bovard found that "the more oppressive the government acted, the more slavish the press became."