Production Theory

It was capitalism that finally ended the Great Depression, writes Tom DiLorenzo, not FDR's hair-brained cartel, wage-increasing, unionizing, and welfare state expanding policies. 

A basic understanding of the elementary economics of unionism, writes Tom DiLorezno, shows why violence against competitors has always been an inherent feature of unionism.

Everything we have heard from conventional wisdom regarding the minimum wage is false, writes Shawn Ritenour.

The "superior bargaining power" argument has always been the most important argument on behalf of unionism and of all the legislative privileges that unions enjoy. Thomas DiLorenzo points to Mises's demolition of the idea.

The term "overworked" can be highly subjective, writes Carl Horowitz. Even a classic workaholic has a point at which he says "enough!"

Dale Steinreich's June article about the centenary of the founding of the American Medical Association caused a tremendous uproar. Here is his answer to critics.

Frank Shostak explains what Mises meant when he wrote that: "The Santa Claus principle liquidates itself." Most individuals in the western world take the ample availability of goods and services for granted.

If minimum wage laws are not found to harm small businesses or lead to rising prices, Tom Lehman asks, then they must be ok?

Congress just passed another regulatory bill, Lew Rockwell reports, because people with food allergies are under the impression that food sellers are indifferent to whether they live or die.

The root of the pension problem, writes Carl Horowitz, is the inherent unsoundness of State-granted guarantees to firms (and unions) against market failure.