Deirdre McCloskey, renowned economist and advocate for liberal values, delivered a stirring address at LibertyCon International, captivating attendees with her insights into the importance of liberty in fostering human flourishing and societal progress.
Since they first seized power, Soviet leaders have claimed their “democracy” to be the best in history. However, their understanding of democracy differs significantly from that of the United States and other Western nations.
This second piece of a series addressing myths about the Union of Soviet Socialist Republics (USSR) will focus on the country’s strange legacy on democracy and minority rights.
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?”
To find out why college is so expensive and why student debt has reached crisis point, we need to dig deep into a maze of factors that ultimately leave the government with a lot to answer for.
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 Grace Richardson Fund, a private foundation under the visionary leadership of President Rod Richardson, has been a trailblazer for free-market environmentalism
Sen̓áḵw is a $3-billion, 11-tower real estate development in Vancouver, set to be built on Squamish Nation reserve land. The project, named after the ancestral territory the Squamish people were removed from in 1913, is a sustainable village developed in partnership with Westbank.
The example set by the Sen̓áḵw development project shows us what we could have in other places too, if only the state — and the NIMBYs whose interests they serve — would step aside and let progress unfold.
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.”
In the 15 years since the Genesis Block, the first set of 50 BTCs, was mined in January 2009, Bitcoin’s profile and impact on the global economy has increased exponentially. Hundreds of millions of people around the world have begun to recognize the merits of the truly revolutionary concept of a decentralized peer-to-peer currency.
For the first time since the Great Depression, a majority of young adults in the U.S. aged 18-29 live with their parents.
The intensifying housing crisis across the United States and worldwide is a pressing concern, particularly for Millennials and Gen Z, who are often priced out of getting their own place for far longer than what has been the norm for previous generations.
Such a crisis inevitably prompts a blame game. But who or what is really to blame?
Imagine having to pay and jump through hoops for the government to allow you to work. That’s essentially how occupational licensing works.
Occupational licensing is a system that disproportionately burdens and oppresses the economically disadvantaged, hindering social mobility.
Looking at inequality doesn’t tell us anything substantial about prosperity in a given country. Is inequality the real problem, or is it poverty?
A cashless society: the International Monetary Fund (IMF) calls it the future of money. The World Economic Forum (WEF) was enthusiastic about the concept way before it was cool. In the United States, the usual suspects such as the Brookings Institute and the New York Times ask our leaders to have the boldness and courage to follow this new path.
Even Santa’s elves can’t repeal the laws of supply and demand.
In recent years, the concept of Central Bank Digital Currencies (CBDCs) has gained increasing traction across the globe, with proponents lauding the potential benefits of a digitized monetary system.
However, when we explore the real-life implications of CBDCs, it becomes increasingly clear that the rush toward digital currencies controlled by central banks poses a significant threat to individual liberty.
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.
Instead of elevating living standards and safeguarding workers from poor conditions and low pay, minimum wage laws lead to unemployment and limit job opportunities. Let’s look at how…
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.
The 2003 Rose Revolution marked a pivotal moment in Georgia’s political and economic history. Following new presidential and parliamentary elections, significant pro-market reforms were introduced to address the severe economic condition. The results were remarkable…
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.
The most compelling case for why socialism is immoral comes from someone with first-hand experience. This is the story of a Soviet refugee, one whose experiences and insights lay bare a truth that challenges the very foundations of socialism.
What is globalization? Globalization is simply the process of the free movement of goods, capital, people, and ideas around the world and across borders.
Globalization is a great boon to the world. It means more specialization and division of labor, which are vital components of economic progress. It makes rich countries richer and brings poor countries out of crushing poverty.
It might just be the greatest achievement in human history, but people don’t know this!
On October 22, Argentina is poised to hold the first round of the 2023 Presidential Elections, determining the successor to the Peronist Alberto Fernandez. Following the primaries, Javier Milei, who describes himself as an anarcho-capitalist, emerged as the frontrunner. Could Argentina be set to embark on a radical new journey?