It is easy to dismiss Chinese advancements in electric vehicles as the result of government subsidies, but private entrepreneurship also is playing a major role.
Murray Rothbard was no fan of John Stuart Mill's philosophy and neither is Philip Kitcher. However, there is a huge divide in how Rothbard and Kitcher view Mill.
In our technocratic age, it is easy to dismiss the latest technological developments as an avenue toward freedom, but some of them still bode well for markets.
Opponents of "national divorce" like to claim that red states would be broke without a flood of money from wealthier, productive blue states. It's not true.
One of the fundamental tenets of Austrian economics is the ordinal value scale. Augustine articulated the idea more than a thousand years before Carl Menger wrote his pathbreaking Principles of Economics.
"Woke" is not "fighting racism," no matter how it is phrased. It is about undermining a society and its economy, declaring our social and economic institutions as illegitimate.
Joe Biden likes taxes. So it should hardly be surprising that Biden has also embraced protectionism and is anti free-trade, which is fundamentally a pro-tax position.
