In Star Trek: Lower Decks, Captain Freeman’s mission to “dismantle capitalism” on Targalus IX raises big questions, like: Can technology eliminate scarcity, or does demand for unique resources keep markets alive?
The road to communism is paved with good intentions, and price controls illustrate it perfectly. See how and why in this video, where you’ll learn the 7 fallout effects of one particular kind of price control: rent control. CHAPTERS 0:00 Paved with Good Intentions 0:53 Defining Price and Control 2:26: 7 Effects of Price Controls […]
Price gouging encourages competition by pressuring manufacturers and distributors to increase production, which over time, would actually drive down costs. Price controls during a time of crisis, however, do nothing to address the shortage problem.
Inflation hurts our spending capacity, diminishes our quality of life, dashes our hopes of upward mobility, and damages our trust in the cornerstone institutions of banks, dollars, and government. Yet inflation is all around us. After purchasing my usual burrito bowl at Chipotle recently, I had to review my receipt to ensure I had been […]
Analyzing the Historic Case that Could Smoke the First Amendment I do not care for cigarettes. I try my best to avoid using any tobacco products. But last month, I filed my first assignment out of law school: an amicus brief to the US Supreme Court supporting the First Amendment rights of America’s biggest tobacco […]
Long before Africa was colonized, the continent boasted sophisticated systems of governance rooted in tradition and culture. These systems were led by traditional leaders, kings, chiefs, and elders responsible for guiding their communities and maintaining social order. Leadership was often hereditary, balanced by councils or assemblies representing the broader community. However, many African leaders also […]
River Plate’s Climb to Football’s Summit Republished with the permission of the author and the We Are Innovation network In the world football arena, River Plate has reached a new peak. According to Transfermarkt, the internationally renowned statistics portal, El Monumental stadium now dominates the pantheon of stadium attendance records worldwide. With an impressive average […]
Happy birthday, Ludwig! As a Happy Birthday tribute to Ludwig von Mises (born Sept. 29, 1881), here’s what you need to know about his life … and what you need to know from his iconic treatise on economics, Human Action. The underappreciated economist Ludwig von Mises is today celebrated as one of the founding fathers […]
5 Powerful Book Reviews to Help You Choose Your Next Read I’ve challenged myself. It’s a challenge that will probably take at least five years to complete, but it’ll be worth it. I’m going to read at least one book from an author from every country in the world. The aim of such a challenge, […]
The Fed was created by the world’s richest people to increase their power. Here are 6 things that have gone horribly wrong since the Fed came into existence — according to Austrian economics.
Despite claims of environmental harm, Bitcoin’s impact is minimal compared to its global benefits!
In his 1850 essay, Frédéric Bastiat discusses the notion of “Public Works.” He explains that public works like opening roads, building palaces, and repairing streets create jobs and boost the economy in the short term, but they take away unseen opportunities in the long run.
In this video Reem walks us through 6 free-market principles that will maximize the likelihood of climate benefits in the future.
Discover the incredible journey of John Mackey in his new autobiography, The Whole Story.
While the free market reduces poverty, people criticize it because of economic inequality. Is this the real issue we should focus on?
Milton Friedman’s vision of school vouchers revolutionized education by fostering choice and competition.
Over two years since Russia’s invasion of Ukraine, the war’s economic toll is immense: $564.9 billion in infrastructure damage, daily costs of
From deep discussions to the delicious Georgian supra, the learning never stopped
From rooftop receptions to thought-provoking sessions at unique venues like a former Coca-Cola factory, every moment was inspiring at LibertyCon Europe 2024
At LibertyCon International, David Boaz urged the liberty movement to “fight illiberalism and authoritarianism wherever you find it.”
From automated factory assembly lines to helping you cheat on your college term paper, AI is doing things today that were barely imagined only a few short years ago. As such, you might be wondering, “is my job at risk of being taken over by robots?” or “will we all end up unemployed?”
If, like for most people, prices are an important factor in what foods you choose to buy, government subsidies have a significant impact on what ends up on your plate.
Walk down any aisle, and you’re likely to come across high-fructose corn syrup. This commonly used artificial sweetener owes its prevalence to government handouts to the corn industry. Generous subsidies enable the widespread use of high-fructose corn syrup, contributing to the overconsumption of sugary foods.
The Tuttle Twins are the 9-year-olds teaching pro-liberty ideas to kids everywhere. We interviewed their creator, Connor Boyack. We asked him 9 burning questions. He’ll answer plenty more IN PERSON at LibertyCon in Washington, D.C. Feb. 2-4, 2024. Register.
Today, a hot shower or a cup of coffee brewed in seconds are completely mundane. A journey across continents taking mere hours is, for many, just a normal part of life. Yet, these marvels would have been the envy of even the most affluent in medieval societies, prior to a period we can refer to as the “Great Enrichment.”