Much of the World’s Oil Is Owned by Governments. There’s No Good Reason for This.
How do we view government ownership of natural resources? Can a homesteading case be made for it? Usually not.
How do we view government ownership of natural resources? Can a homesteading case be made for it? Usually not.
The fiat US dollar, while still the world's "reserve" currency, is being imperiled by reckless actions by monetary authorities. Other countries are taking notice—and action.
The Keynesian prescription for an economic downturn is for government to increase spending to improve so-called aggregate demand. In reality, this is a recipe for worsening the recession.
Rental prices are falling as the markets adjust to new realities. The Austrian business cycle theory explains why this is happening.
The latest rage in macroceonomics is modern monetary theory, whose adherents invariably resort to the motte-and-bailey fallacy. Advocating inflation is never a good idea.
Some conservatives are upset because the new best-selling beer is owned by the same company that owns the beleaguered Bud Lite. Actually, they should have no problem with that.
Rent seeking is a popular term used in economics to describe the behavior of firms trying to gain something from the government. Time to expand the definition.
The government's latest "weapon" against carbon dioxide emissions is a pipeline that will carry the emissions across states and deep underground. In other words, another Washington boondoggle.
Our political and cultural elites have gaslighted us on inflation for years. To learn the truth, read the Austrians.
Patrick Deneen not only misunderstands John Stuart Mill, but he also misunderstands libertarians, claiming they are elitists who believe the world should be ruled by experts.