"The first condition for the maximization of economic efficiency is the liberation of civil society with respect to the state. . . . The expansion of capitalism owes its origins and raison d’être to political anarchy."
Rent seeking is a popular term used in economics to describe the behavior of firms trying to gain something from the government. Time to expand the definition.
Our political and cultural elites have gaslighted us on inflation for years. To learn the truth, read the Austrians.
The government's latest "weapon" against carbon dioxide emissions is a pipeline that will carry the emissions across states and deep underground. In other words, another Washington boondoggle.
It's all in spite of enormous social spending, more than two trillion euros of stimulus, and the increase in population. Resorting to the old “it could have been worse” argument makes no sense.
Patrick Deneen not only misunderstands John Stuart Mill, but he also misunderstands libertarians, claiming they are elitists who believe the world should be ruled by experts.
As long as scarcity exists, there will be greed. Thank goodness free markets enable greedy people to serve others.
With growth now falling near or below negative 10 percent for the second month in a row, money-supply contraction is the largest we've seen since the Great Depression.
Leftists claim that developing nations are poor because Western nations once practiced colonialism. The truth is that empires do not foster economic growth.
The Federal Trade Commission is heavily scrutinizing the proposed merger between Microsoft and Activision. Why? Because Sony is against it.
