When robots may be more effective workers and possibly better engineers, they cannot figure out what is valued. That’s the task of entrepreneurs, who bet on what consumers will want.
Bureaucracy and RegulationProtectionism and Free TradeU.S. Economy
The new trade agreement will be simply an amalgamation of the old NAFTA, the previously rejected TPP, and some new protectionist measures.
SocialismWorld HistoryOther Schools of Thought
Mises showed that the distinctions between Marxist and "Anti-Marxist" socialists are on the surface. Economically, they are united.
Money and BanksU.S. Economy
Media and CulturePolitical Theory
Far and Wide leaves us wondering if Peart applies the same demands for empirical proof to bleeding heart government policies.
Thanks to markets, living standards continue to go up globally, although many predicted that the earth was going to run out of resources decades ago.
Bureaucracy and RegulationLegal System
Oddly, some libertarians argue that decriminalization is better than outright legalization. They're wrong.
Big GovernmentGlobal EconomyThe Police State
Feds are reaching far beyond their limited Constitutional naturalization powers, and also violating state and federal laws.