Politicians like Elizabeth Warren and Alexandria Ocasio-Cortez are demanding that successful entrepreneurs be taxed into oblivion. The real parasites are the politicians who destroy wealth instead of creating it.
In our technocratic age, it is easy to dismiss the latest technological developments as an avenue toward freedom, but some of them still bode well for markets.
In the name of "economic development," San Antonio's government is seeking to seize a thriving business near the Alamo.
Recorded in Tampa, Florida on February 25, 2023.
In 1991, India's political leaders moved away from socialism, embracing markets and improving the economy. But Indian elites continue to push socialism to the detriment of the people.
In our technocratic age, it is easy to dismiss the latest technological developments as an avenue toward freedom, but some of them still bode well for markets.
While artificial intelligence has its merits, it still cannot perform the job of the Misesian entrepreneur. That is a good thing.
People are innovative—if government doesn't get in the way. Entrepreneurs in developing countries find alternatives for people cut off from commercial banking services.
When Jimmy Donaldson, better known on YouTube as MrBeast, paid for a thousand people to have cataract surgery, the usual suspects in the media panned him and questioned his motives.
