Supporters of intellectual property laws claim that people will not innovate unless they are protected by such legislation. In reality, people are more likely to be innovative when they encounter real free markets, not markets characterized by artificial scarcity.
In less than a week, the voters allegedly will choose a new president. However, will the process have integrity or just be a sham in which ballot boxes in key precincts are stuffed? If the voting numbers are like the fake statistics the Biden-Harris administration produces, we might wonder.
Capitalism is characterized by the private ownership of capital, coming from Lockean homesteading principles, and not from state coercion and force.
The outcry from establishment media figures following the decision by the Washington Post and Los Angeles Times to not endorse a presidential candidate shows how out of touch they have become about how much we rely on them.
Trump’s tax reform just replaces one tax with another. And would probably result in higher taxes.
Argentina belongs to the large group of countries that have been systematically ruined by their own governments. There is no easy way out of this.
With Kamala Harris announcing she is open to imposing “reparations for slavery” if elected president, it is time to take a hard look at the injustice that would be part of this scheme. There is no way to fashion a just outcome out of it.
As the Federal Reserve engineers one financial bubble after another, we are reminded that the Austrian Business Cycle Theory explains what is happening and how there is a better way.
Contrary to anti-freedom myths, "greedy" business owners don't decide what prices will be for goods and services.
In this episode, Murphy clarifies what is right and wrong on comparative advantage.
