Production Theory

We should thank our lucky stars for air conditioning — and hope that that government won’t destroy it, writes Mark Thornton.

Advertising must be defended by those who believe in freedom of speech — for that is all advertising is, writes Walter Block.

In an unhampered free-market system, the Ricardo effect is benign and progressive. It is just an interesting observation.

The Mises Circle in Indianapolis. Sponsored by Weaver Popcorn Company. Recorded 14 May 2011.

The Mises Circle in Indianapolis. Sponsored by Weaver Popcorn Company. Recorded 14 May 2011.

Some say that we should grow our own food, buy locally, keep firms small, eschew modern conveniences like home appliances, go back to using only natural products, expropriate wealthy savers, and harass the capitalistic class. This paradise has a name, and it is Haiti.

From Man, Economy, and State, narrated by Jeff Riggenbach.

From Man, Economy, and State, narrated by Jeff Riggenbach.

I happened to sit down next to a man last week who has been my benefactor for my entire life and the large part of his, and yet we had never met.

Often the dispersion of a fortune starts already in the lifetime of the businessman when his buoyancy, energy, and resourcefulness become weakened,