Tag: economics
Ludwig von Mises: an economist for freedom and free enterprise
September 29, 2023 | Post
Today would have been Ludwig von Mises’ 135th birthday. Here we reflect on the profound contribution he made to economics.
Why is communism still a thing in Portugal?
September 22, 2023 | Post
On March 6, 2021, the streets of several Portuguese cities were adorned with communist flags and other decorations. These scenes looked like they were straight out of the Soviet Union or perhaps a present-day communist country. In reality, though, we’re talking about cities like Lisbon or Porto. But why is communism still a thing in Portugal?
Globalization: a curse or a blessing?
September 14, 2023 | Post
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.
How Students For Liberty will free the world — with a hand from F.A. Hayek
September 4, 2023 | Post
Imagine a world where the principles of classical liberalism are not just taught but lived by every individual. This vision is not just a dream, but a goal that Students For Liberty (SFL) is actively working towards – and you can be a crucial part of making it a reality.
Climate anxiety and sunk costs: flipping the script on ostrich solutions
August 29, 2023 | Post
By striking a balance between support and accountability, while respecting individual liberty and property rights, we can address climate anxiety in a way that promotes long-term resilience and responsible stewardship of our environment. Here are four broad suggestions:
Five myths about antitrust
August 24, 2023 | Post
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…
How immigration creates a more prosperous world
August 23, 2023 | Post
Immigration has been a huge driving force behind creating America as we know it today. Without immigrants, or with far fewer immigrants, it would be impossible to imagine the United States developing into the world’s dominant economic powerhouse as it did. Opposition to immigration has been allowed to gradually place the American dream out of reach for so many ambitious individuals and deprive the country of further potential in the process.
Harmful natural monopoly: the myth that keeps on giving
August 17, 2023 | Post
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.
Should libertarians support labor unions? Here are 8 resounding reasons to say yes
August 16, 2023 | Post
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…
What the world can learn from Argentina’s liberty movement
August 15, 2023 | Post
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.
Uniting for Ukraine: How Ukrainian refugees are filling America’s labor void
August 11, 2023 | Post
In the vast expanse of North Dakota’s oil fields, a quiet yet significant transformation is taking place. Thousands of Ukrainian refugees have found their way to this unlikely destination, contributing to a workforce grappling with severe shortages.
While their presence has brought forth positive change, it’s astounding how this story remains shrouded in relative obscurity.
Let’s look at how the story of North Dakota’s newest arrivals and the success of the Uniting for Ukraine program shows the potential for a simplified and more open immigration process.
AI, automation, and the future of work: Navigating, automating, and … terminating?
August 7, 2023 | Post
Welcome to a world where AI and automation helps to transform the job market in ways we never imagined, and maybe, just maybe, makes us laugh along the way (we’ll get to that part).
Five books to understand Austrian economics
August 4, 2023 | Post
Ready to explore the fascinating world of Austrian economics? This article has got you covered! Whether you’re new to the subject or eager to learn more, we’ve handpicked five essential books just for you.
Happy Birthday Milton Friedman
July 31, 2023 | Post
In honor of Milton Friedman’s birthday, let’s review the American economist’s greatest contributions to the advocacy of free market capitalism.
A history of money and the gold standard
July 28, 2023 | Post
The history of money is a story of human ingenuity and economic evolution. From the early days of bartering to the unfortunate establishment of fiat currency to a future rippling with potential thanks to cryptocurrencies, the concept of money has endured a wild ride.
The importance of free markets in building a sustainable future
July 18, 2023 | Post
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…
Five books to understand classical liberalism
July 6, 2023 | Post
Ready to dive into the captivating world of classical liberal literature but not sure where to start? We’ve got you covered! Whether you’re new to the world of classical liberalism or seeking to expand your knowledge, these five books are key to unlocking a deeper appreciation of its core tenets.
Why is Africa poor? Is colonization the root cause?
June 16, 2023 | Post
“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.
It’s time to get rid of the tampon tax
June 13, 2023 | Post
Certain forms of taxation are simply unjustifiable. One especially problematic example is the taxation of menstrual hygiene products, such as tampons. Here’s why the tampon tax is fundamentally regressive and must be scrapped…
Don’t be fooled, life in the Soviet Union was awful
June 5, 2023 | Post
In this first piece of a series addressing myths about the Soviet Union, we will focus on the issues of poverty, inequality, and quality of life…
Inefficiency and unintended consequences: why environmental regulations typically fall short
May 30, 2023 | Post
In an era marked by growing concerns about climate change, the role of government in addressing environmental issues has become increasingly prominent. However, as billions of dollars are poured into climate change programs and regulations, it is essential to critically examine the true impact and costs of these initiatives.
Unleashing the power of rhetoric: how Deirdre McCloskey transformed the landscape of economics
May 24, 2023 | Post
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.
What is free-market environmentalism?
April 28, 2023 | Post
Free-market environmentalism combines the ideals of environmental protection with the principles of a free-market economy. It acknowledges that markets can provide powerful incentives for conservation and environmental stewardship, and that private property rights and contracts can be leveraged as tools to protect the environment. But how exactly does this work?
How sustainable farming is paying off for Australian farmers
April 24, 2023 | Post
Tired of riding the fortunes of the weather, Australian farmers are increasingly turning to regenerative agriculture to sustain their land during periods of drought.