Only in freedom do people have the ability to be good, but can freedom itself teach us what “goodness” means?
On the 8th anniversary of Minecraft’s launch, let’s take a moment to appreciate just how great it is.
Today is International Women’s Day and, in some of the least surprising news of the day, it turns out that women’s equality ties into economic freedom. International Women’s Day was founded by the American Socialist Party in 1909 and usually ends up celebrating women in government, politics, and statism, but let’s look at something else. […]
The most straightforward reason to oppose the criminalization of the sex industry is that trading sex for money is not wrong.
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.
The problem is that business experience does not automatically translate into good economic policy.
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.
I was still a Soviet citizen when I first read some of the international documents on human, economic, and political rights.
Two front-page stories in the Metro section of Monday’s Washington Post depict protected service providers desperately trying to fight off innovations that might serve customers better and threaten the comfortable incomes of the established providers.
The right of humans to freely cooperate on an open market is the surest way to bring about not only economic, but human harmony.
The work you do probably does not produce something you could consume. Even more striking is the fact that almost everything you consume is something you could not possibly produce. Your daily life depends on the cooperation of hundreds of millions of other people.
Another day, another hilariously awful straw man argument against libertarianism.
Can you really blame universities for charging high prices for football tickets when so many people are willing to pay for them?
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.
Here is what you should know about NAFTA, the perennially controversial trade agreement
Today would have been Ludwig von Mises’ 135th birthday. Here we reflect on the profound contribution he made to economics.
When it comes to trade, the best US policy, or that of any country, is the elimination of all barriers to imports. This can be done unilaterally. Abundance should always be preferred to scarcity.
The introduction of low-skilled immigrants frees up time for native workers to improve their skills and move on to higher paying jobs. This is a desirable economic development from the migrant, as well as the native, laborers perspective.
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.
Saturday, September 17th will be the five year anniversary of the beginning of the Occupy Wall Street protests. This week’s links cover the protests and what they did (or didn’t) accomplish. The Lasting Effects of Occupy Wall Street, Five Years Later Throwback: What Reason Saw at Occupy Wall Street Protests What Occupy Wall Street Got […]
Businesses aren’t charities. They are money-making ventures that exist by and for profit. Everything else is a bonus.
Once liberal reforms were put in place, they created choice and opportunity for many like never before. Market forces unwittingly brought about economic and thus social progress for India’s poorest and most discriminated against.
The real minimum wage is zero, despite the best efforts of the economically illiterate public sector do-gooder.
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 […]