Millennials may talk the socialist talk, but this look at the evidence shows they also walk a rather capitalist walk.
Dr. Miron has written over 100 op-eds and several books, including Drug War Crimes: The Consequences of Prohibition (2004) and Libertarianism: from A to Z (2010).
Have you ever thought your employer was exploiting you? That the company you work for doesn’t really earn its profits — it just rips off its workers?
Only in freedom do people have the ability to be good, but can freedom itself teach us what “goodness” means?
This isn’t an accident. This is the purpose of these regulations — to protect established businesses from competition.
My 85-pound pit bull lives better than most people on this planet do. He eats superior food, drinks clean water, and sleeps inside a comfortable house on a comfortable bed.
Capitalism—stronger than any border wall or immigration ban—remains a resilient and deeply American system.
William Graham Sumner often gets unfairly labeled a social Darwinist. In this first post in a new series, Zwolinski tries to nail down just what “social Darwinism” means.
A president who truly understood Rand’s philosophy would not be cozying up to Putin, bullying companies to keep manufacturing plants in the United States, or promising “insurance for everybody.”
On Friday, January 20, 2017, Donald Trump was sworn in as the 45th President of the United States. His victory in the 2016 election was a surprise to many, and his success in the so called Rust Belt made it happen. Wisconsin, Michigan and Pennsylvania all went to Trump, something that hadn’t happened for a Republican […]
Among the great misconceptions of the free economy is the widely-held belief that “laissez faire” embodies a natural tendency toward monopoly concentration.
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.
Market economies have continually driven down the real cost of food, enabling more and more people to consume more calories and a wider variety of higher quality food.
The most far-fetched myth that I’ve encountered recently is that the wealth of the modern Western world, especially that of the United States, is the product of slavery.
This past week, I was on a panel for a Senate Hill Briefing entitled “Should compensation for bone marrow donors be legal?”
Recycling is one example of an action that we take in the present to benefit a group in the future.
Another day, another hilariously awful straw man argument against libertarianism.
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.
NPR’s Goats and Soda recently covered a debate in India over surrogacy. In India, there is a thriving industry of women who are paid to be surrogate mothers, carrying another couple’s children. Many surrogates are impoverished women, and there are growing concerns that paying poor women to be surrogates amounts to exploitation. Some are calling […]
The spread of markets into the healthcare sector has allowed us to live longer than ever before.
Entrepreneurs pitch an endless stream of Ideas. Everyone argues over which can work. A few attract funding. Most fail. This competitive market process ensures only the best survive.
Businesses aren’t charities. They are money-making ventures that exist by and for profit. Everything else is a bonus.
Adjusting for inflation, that a regular NES and 30 games would be about $2450 in 2015 dollars. And we can get all that today for $70. That’s a 97 percent price decrease without adjusting for quality
We do not think it means what you think it means. There are a lot of polls about what millennials think about capitalism and socialism. According to these polls, millennials like socialism, but not capitalism. But what do they mean by capitalism and socialism? For reference, here are the definitions of capitalism and socialism according […]