Solar power can only survive with an army of lobbyists dedicated to securing millions in taxpayer dollars.
The right of humans to freely cooperate on an open market is the surest way to bring about not only economic, but human harmony.
You earn $1,000 this week. You spend $650 on consumption items (rent, food, gasoline, a new pair of jeans) and save – you admirably prudent person you – $350. You use this $350 to buy three shares of stock in Apple, Inc. (which are priced today at just over $116 per share). The rest of […]
Are interest rates not prices? And if so, should they not be discovered instead of imposed?
Politicians have never met a new taxpayer-funded government program they didn’t like.
Musk brings to the conversation a vision of changing how we get around, how we power what gets us around, and where we live. In so doing, he is working to address some of the most important challenges facing our species.
Trump and Clinton are likely to look at this question. So does a new study.
Rather than invent new human rights, people who are concerned about poverty should first ask what kind of barriers government creates that prevent social mobility. Those barriers should all be removed before any thought is given to taxing some people in order to give money or resources to others.
Here is what you should know about NAFTA, the perennially controversial trade agreement
Today would have been Ludwig von Mises’ 135th birthday. Here we reflect on the profound contribution he made to economics.
Saturday, September 17th will be the five year anniversary of the beginning of the Occupy Wall Street protests. This week’s links cover the protests and what they did (or didn’t) accomplish. The Lasting Effects of Occupy Wall Street, Five Years Later Throwback: What Reason Saw at Occupy Wall Street Protests What Occupy Wall Street Got […]
Businesses aren’t charities. They are money-making ventures that exist by and for profit. Everything else is a bonus.
[Alexander Hamilton] was decidedly retrograde in pushing for an exclusive nationwide bank with a sweetheart government deal. He was not a creative policy genius so much as a persuasive second-hand dealer in discredited mercantilist ideas.
After the 2010 earthquake in Haiti that killed around 250,000 people and displaced 1.5 million others, the billion dollar state-led humanitarian relief effort failed to accomplish even the most basic tasks like rebuilding houses. The situation remains dire with 80,000 people still living in “temporary” tent camps. In the new Learn Liberty video below, Professor […]
A focus on jobs missing the forest for the trees. We should be focused on creating wealth, not maximizing employment.
Public Choice Theory provides a window into the incentives of government, providing insight into how and why bad and unpopular policies stay in place.
A preoccupation with jobs over productivity is not sound economics as Professor Mihail Nica explains.
The Olympic Games are an inefficient boondoggle for host countries. There are alternatives that would reduce the costs AND corruption.
At the risk of sound glib, I believe the quadrennial fervor over the Summer Olympics is at least partially a function of the seemingly timeless nature of the competition. Set against the backdrop of the financial crisis in Rio de Janeiro, however, the games have become far more interesting, albeit tragic. Sprinters this year will […]
Much could be and has been written about the problems facing the Summer Olympic Games in Rio thanks to polluted water venues, substandard housing for athletes, Zika, crime, transportation, and Brazil’s overall financial problems. Beyond and behind these headlines, though, lay fundamental (and interesting) issues of political economy. The Olympic Games are costly, with large […]
Editor’s note: This piece was originally posted by Freedom Partners on July 31st, 2016. Minor edits were made to improve clarity. What does socialism look like in the real world? Cronyism. Inequality. Poverty. Despair. Human suffering on an immense scale. That’s the answer that Freedom Partners member — and Venezuela native — Erick Brimen gives in the video below. […]
The F-35 fighter jet is the symbol of the corruption within the military-industrial complex and government waste. The Department of Defense first began developing it in 1994 in an attempt to create a fast, lightweight jet for multiple branches of the US army. However, the program has fallen far short of these goals, as reported […]
The opening ceremony for the 2016 Olympics, hosted in Rio de Janeiro will take place this Friday. The celebrations, however, are clouded by the problems that have pervaded Rio all summer, problems that have been highlighted by preparations for the Olympics. Several prominent athletes have declined to participate in the games over fears of the Zika […]
This piece was originally published at the Cato Institute. Tune into Learn Liberty’s Facebook page on Monday at 3pm for a Facebook Live event with professor Steve Hanke on this topic. With the arrival of President Hugo Chávez in 1999, Venezuela embraced Chavismo, a form of Andean socialism. In 2013, Chávez met the Grim Reaper […]