Jörg Guido Hülsmann explores humanity’s timeless drive to get something for nothing—and how free markets encourage true generosity while central banking and the welfare state undermine it.
Within a libertarian society, people are free to act as long as they follow a principle of non-aggression. But can a libertarian society adopt an idea of the common good? In his Friday Philosophy, David Gordon tackles that question.
Mises said, “The continued existence of society depends upon private property.” Private property is essential for exchange, economic calculation, and many more pillars of human civilization.
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The Overpopulation Fallacy: Why More People Means...
From Paul Ehrlich to Bill Gates, prominent Americans have forecast doom through “overpopulation.” Although the Great Population Disaster has never occurred, that does not discourage the usual suspects from crying wolf.
Trump economic adviser Peter Navarro has condemned multi-billion-dollar investments by BMW in South Carolina as “bad for our economics.” The comments reflect a greater ignorance of capital goods by so-called economic experts.