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.”
What if we could revolutionize transportation to make it not only faster but also more sustainable? What if we could create educational systems that are not only more accessible but also tailored to individual learning needs?
Or, how about building new homes in a matter of days, at a fraction of the cost?
ICON Technologies is able to do just that — if not for regulatory barriers.
Looking at inequality doesn’t tell us anything substantial about prosperity in a given country. Is inequality the real problem, or is it poverty?
Last Christmas, Pope Francis criticized holiday consumerism, saying that ours is “a society often intoxicated by consumerism … wealth and extravagance.”
To understand why this sort of critique is mistaken, and why consumerism and capitalism deserve our love at Christmastime and throughout the year, we need to go back to basics.
The liberty movement’s success in Argentina serves as an inspiration to similar movements worldwide. It showcases the power of grassroots organizing and the impact that passionate individuals can have when they come together around a common cause.
In the not-so-distant past, political leaders from both sides of the aisle in the United States held a general consensus on the benefits of free trade.
During their presidential campaigns in 2000, Al Gore and George Bush, despite their differences, at least agreed on the merits of fostering open markets.
Fast forward to the present day and we find Joe Biden and Donald Trump endorsing staunchly protectionist policies.
Let’s explore what caused this complete 180 and who bears the brunt when trade is restricted.
Time to peel back the oniony layers of the food industry according to free-market principles.
Our mission: to understand how market distortions such as food subsidies are contributing to poor health in America.
Along the Danube River in South-Central Europe lies a distinctive parcel of land between Croatia and Serbia. In 2015, Vit Jedlička and a few others proclaimed the territory as the Free Republic of Liberland. But can and should Liberland become an internationally-recognized, sovereign nation?
Today would have been Ludwig von Mises’ 135th birthday. Here we reflect on the profound contribution he made to economics.
For far too long, the fixed pie fallacy was the most widely held belief. When wars over resources were too costly to fight, society (not understanding that the ultimate resource is the human mind) went back to the good old trade wars of the mercantilist era. But something changed after the Second World War when Japan took a different path.
Antitrust law will likely affect you personally, either targeting a company you patronize or even your employer. With big changes on the horizon for competition enforcement, here are five popular misconceptions surrounding antitrust…
Understanding that it is governments – not free markets – that create harmful monopolies is monumentally essential in order to harbor a comprehension of basic economic principles.
At first glance, the principles of libertarianism might seem at odds with workers’ right to unionize. However, a closer examination reveals that supporting workers’ right to unionize is entirely compatible with libertarian values. Let’s examine 8 reasons why…
In honor of Milton Friedman’s birthday, let’s review the American economist’s greatest contributions to the advocacy of free market capitalism.
Tom Hogan has worked at the American Institute for Economic Research, the Cato Institute’s Center for Monetary and Financial Alternatives, and was Chief Economist for the U.S. Senate Committee on Banking, Housing, & Urban Affairs. Our Ethan Yang interviewed him and, in the process, Tom debunked 5 widely-held myths about fiscal and monetary policy. For […]
The free market is a powerful ally in the pursuit of a sustainable future. It rewards efficiency, responsible resource management, and, ultimately, sustainable solutions to environmental challenges. Here’s why…
“Colonization is why Africa is so poor” is something I hear all the time. But it was not until recently that I realized: This impulsive defense of Africa is far from the full truth.
The Chinese regime inherently rejects the ideas and values of individual liberty, meaningful economic freedom, transparency and human rights
In a world dominated by numbers and equations, one economist dared to challenge the status quo and unveil the true power of persuasive language. Meet Deirdre McCloskey, a visionary economist, historian, and writer whose groundbreaking ideas have reshaped the way we understand economic progress.
Somehow, the USSR still has its supporters — and they likely believe one or more myths about Soviet Russia. In this video, we debunk 8 myths that linger about the Soviet Union, even now, more than 30 years after the fall of the Berlin Wall. Also cited are these videos: NIMBYism vs. Gentrification: The Truth […]
Climate change is a serious problem that deserves a serious solution. “Degrowth” is not one. Economic and population growth is — and this video illuminates three reasons sustainable development can only be achieved with economic growth. #1: Economic growth means greater efficiency in technology. #2: Economic growth is driving people and resources to cities […]