Paul Cwik argues that there can be no such thing as a positive technological shock, because research and development requires savings, entrepreneurial insight, ...

Democracy means whatever the ruling elite says it means. In this case, being "pro-democracy" means never having elections.

Readers might have seen recent advertisements on television in which former Alabama football coach Nick Saban urges people to ...

How do we confront the problem of power? Murray Rothbard struggled with that question and never could find the perfect solution, but realized that a libertarian ...

Long before Ludwig von Mises wrote The Theory of Money and Credit and Socialism, Goldwin Smith was sounding the warning about paper money.

The Federal Reserve's Federal Open Market Committee (FOMC) today announced that it will increase the target federal funds ...

Both Brazil and the US had slavery in the 1800s, but the US economy flourished while Brazil’s languished. If slavery was the ...

In California, gas stations are facing a unique challenge. The station signs are only configured to go up to $9.99 per gallon ...

The last time the Federal Reserve managed to hit its two-percent price-inflation target was March of 2021. At the time, Fed Chairman Jerome Powell was telling ...

The more the state is involved in “eliminating” poverty, the more poverty we have in society. The free market is the best ...

By ignoring the entrepreneur, mainstream economists are also removing a vital part of economics theory. It is like designing a car and leaving out the engine.

"In 2023, the NCAA found that approximately 58 percent of 18-to-22-year-olds had wagered on sports, with the financial fallout landing primarily on young men." ...