The fact is that Americans consume more because Americans produce more.
Read MoreWhat is "Urban Sprawl"? →
Depicting sprawl as a “monster” or a “plague on the land” may capture headlines, but it doesn’t inform.
Read MoreTrust Not in What the Government Can Do For You →
What’s lamentable here is that some of our politicians lie, cheat, and steal. It is not lamentable that Americans lose faith in them when they do those things. It is laudable, because it is common sense being appropriately applied.
Read MoreHayek was Right: The Worst Get to the Top →
The docile and gullible will accept a ready-made system of values, even a rotten one.
Read MoreFood for Thought and Double Standards →
Winning the war of ideas requires that we not let the other side get away with judging free markets against perfection while they judge their own deficient prescriptions against mere good intentions.
Read MoreEducating Those With Special Needs →
The private sector, including private sectarian schools, religious schools, nonpublic agencies, and homeschools, offers a wide variety of education programs for this difficult-to-educate population.
Read MoreThe Predatory Price-Cutting Bogeyman →
Anti-capitalist literature is rife with demons, monsters, and other assorted bogeymen, but so are fairy tales.
Read MoreMaking the Case for Liberty Stick →
Too many battles are lost to statists because of a misplaced and hard-to-shake faith in government itself. For all its endless failures, now more widely perceived than at any time in decades, government is still regarded as real and tangible while free-market alternatives are often thought of as nebulous and imaginary.
Read MoreA Vote for Optimism →
Historians record that on the eve of the last millennium, around the year 999, the world was rife with dire predictions about the future.
Read MoreBlock Grants Are Not The Answer →
We ought to be raising more fundamental questions with regard to everything the federal government does: Is this a legitimate function of any government? Why should this activity be coercively funded at all?
Read MoreDestruction is Not an Economic Blessing →
People helping people is a good thing. Wanton destruction of things of value is not. Simple truths, but some people don’t yet seem to fully comprehend them.
Read MoreComparable Worth or Incomparably Worthless? →
Employers and employees can always produce “experts” who will rank jobs differently than any arbitrary formula, which is why imposing comparable worth would produce a playground for lawyers and a bottomless pit of costly litigation.
Read MoreGovernment Schools: Dissatisfaction Guaranteed and No Money Back →
In free markets where individual choice prevails, conflict is minimized. You get what you pay for and you pay for what you get. If you don’t like the wares in one store, there’s no need to throw up a picket line. You don’t have to attend lengthy and boring meetings and be talked down to by public “servants.”
Read MorePeking Duck or Kentucky Fried? →
Mao slaughtered millions for a stupid, evil cause but today, we can celebrate that he’s gone and KFC has been open in Beijing for more than three decades!
Read MoreToward Radical Monetary Reform →
Once it was believed that witches, warlocks, and demons were the causes of such calamities as bad weather. Elaborate contrivances were devised to drive them away. When men learned that it wasn’t so, they looked for more natural, scientific explanations.
Read MoreSeven Fallacies of Economics →
I for one am convinced that good economics is more than possible. It is imperative, and achieving it begins with the knowledge of what bad economics is all about.
Read MoreWitch-Hunting for Robber Barons: The Standard Oil Story →
Does the story of Standard Oil really present a case against the free market? No.
Read MoreWhat Price Control Really Means →
Two centuries after Adam Smith penned his eloquent defense of the right to be free from coercion, coercion is again in the ascendancy. It is seen by many as the “quick fix,” the answer to chronic problems, a panacea that will bring order out of chaos. In 1795, James Madison described this phenomenon as “the old trick of turning every contingency into a resource for accumulating force in government.”
Read MoreIs There an Unfavorable Balance of Trade? →
It ought to be obvious that trade is a two-way street. In a free market, where trade is a voluntary, desired, and spontaneous feature of human action, there is a "perfect balance."
Read MoreA Critique of Mathematical Economics →
No wonder economics is labeled "the dismal science," one hundred years after Thomas Carlyle coined the phrase. Under the spell of mathematics, it has been reduced to cold, hard statistics. Acting man somehow has been left out of the picture, replaced by lifeless graphs and equations.
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