Private Property

If the Venezuelan example of socialism’s ultimate consequences baffles anybody, it is because of how little (economic) history people remember, and how quickly its lessons are forgotten.

Largely forgotten in the English-speaking world today, French laissez-faire economist Michel Chevalier was an early opponent of patents, which he dismissed as a type of monopoly and an obstacle to technological and intellectual progress.

When it comes to romantic relationships, people ruthlessly discriminate and make an endless number of subjective judgments. Most agree that it is absurd to regulate these relationships while not realizing that the same is true of all business relationships as well.

The US, Russia, Canada, Denmark, and other states are racing to take control of the Arctic Ocean. Outside of a few tiny outposts, however, these states have never "homesteaded" the region, so their claims of true ownership are fanciful at best.

The 2015 Ludwig von Mises Memorial Lecture.

The neo-mercantilist Export-Import Bank is being pushed with bipartisan support yet again. We’re being told that the Ex-Im Bank is good for private enterprise. It’s no doubt good for some private companies, but there’s a difference between private enterprise and free enterprise.

Free markets have provided an abundance of goods and comforts for even low-income households. But constant government intervention in the work, lives, and incomes of the poor continues to create many barriers to economic success.

Free markets have provided an abundance of goods and comforts for even low-income households.

The banking system in the United States today functions largely as a spy agency for the federal government.

When interest groups invented the crime of jaywalking.