Thanks to entrepreneurs, markets are dynamic and constantly expanding. Attempts by governments to manage prices through the bureaucracy are sure to hinder this dynamism and drive to serve customers.
Mexican interventionists are now pushing the idea that Mexico is a country dominated by a free-market ideology which they call "neo-liberalism." But any serious look at Mexico's government makes it clear this is not the case.
The Green New Deal contains a wish list of progressive social and economic goals that come with a staggering price tag.
Yoram Hazony’s critique of Hayek highlights interesting fissures in theories of political economy on the Right.
Being resentful about a business transaction after the fact isn't the same thing as being exploited or abused.
The real problem was the money supply inflation that happened during the boom phase. Combating deflation in the bust phase only superficially treats a symptom of the boom-bust cycle.
The fruit of the Enlightenment has been the growth and centralization of the state, at the expense of all other institutions. The material plenty we enjoy today are in spite of this change, not because of it.
Trump's high-tax trade policies have been a disaster for agriculture in the United States, marked by rising suicide among farmers, and declining incomes for farming households.
Mandatory parental leave imposes costs on employees who don't qualify for leave, and on the employers themselves — driving down demand for workers, and raising unemployment.
Murray Rothbard was a genius. One aspect of this was his writing as an American historian. He was every bit as significant a scholar here as he was as an economist and philosopher.
