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Updated 2025-04-22 10:33
What Happens After a Nation Escapes Communism?
Growth rates in formerly centrally planned nations have been faster than growth rates in rich countries.
5 Reasons Why We Need Principles, Not Policies
Principles do not suggest specific actions, but they do suggest specific kinds of actions.
Is Free Market Capitalism Bad Economics?
Countries that engage in free trade reforms see considerable accelerations in economic development.
There's Nothing Stopping Millionaire Leftists from Giving to the Government
So maybe they should stop forcing the rest of us to pay more taxes.
"Historical Preservation" Is Just Market Interventionism
Declaring certain properties "historic" meddles in the market and leads to unintended consequences.
High Taxes Spell Serious Trouble for Japan
Japan has seriously raised its taxes in recent years, and it's causing problems.
England Inches Down the Road to Serfdom
Hayek’s whole purpose in writing this chapter, “The Totalitarians in Our Midst,” serves as a warning to his readers.
Power and Predation
We cannot talk about rape without talking about power.
Brexit Britain Must Embrace Free Trade
One need only to look at the Corn Laws to see how tariffs hurt everyone.
Socialist Academics Contributed to the Rise of the Third Reich
Nazism did not simply appear out of thin air and infect the minds of docile German people.
We Should Learn from South Africa's Failed Experiment in Higher Taxes
Since there’s a big debate about whether there should be tax cuts and tax reform in the United States, let’s see what we can learn from abroad.
Diversity Is Not a Deal-Breaker for Social Trust
Yes, diversity does have an effect on trust, but it's incredibly negligible.
Nigeria's Street Vendors Are Under Fire
In recent years, the government has become increasingly adamant about eliminating this market institution.
How Entrepreneurs Helped Ex-Cons Turn Their Lives Around
Profits and social change are not mutually exclusive.
Beethoven’s Soundtrack to the Birth of Modernity
For Beethoven, the symphony becomes a microcosmic social order in all its diversity, layers of activity, and surprises.
Price Theory Explains the Opiate Crisis
Understanding the opiate crisis is ECON 101.
Why We Love Farmers Markets
They are relatively free of federal regulation, and that's what makes them great.
This Vigorous Defense of Corporations Stands the Test of Time
Many people have strong opinions on corporations one way or another. This book from 1979 breaks down the criticisms.
Pre-Internet Laws Are Jeopardizing Today's Electronic Privacy
The misnamed Electronic Privacy Communications Act was enacted four years before the advent of the World Wide Web.
Government Is Not the Solution to Educational Inequality
Inequality in education is a serious problem, and government has only made it worse.
Progressive Policies Make Philanthropy Less Effective
Philanthropy is about more than just giving away money. It's also about not getting in the way.
You Have a Right to Your Data at the Border
The likelihood of your electronics and data being searched at the border is increasing all the time for no other reason than, "Because we can."
Progressives' Suggestions to "Save Democracy" Are Hilariously Terrible
While the solutions outlined in the article are laughably bad, they do offer some interesting insights into progressive thinking.
Your New Mailman Works for Amazon
Forgive the term but capitalism is working, despite its poor reputation.
Forget Policy, Politics Is Just Team Sports
Everyone wants their preferred team to win, and that's just as true of politics as it is of sports.
I Would Be Richer if I Owned Your Assets
It's easy to say that Americans as a whole would be richer if Americans owned businesses that are currently foreign-owned, but that's based on faulty reasoning.
Why Young Entrepreneurs Desperately Need Tax Reform
If you sell textbooks on Amazon or play gigs on Friday nights without reporting it on your taxes, you might be committing tax evasion.
Rich People Don't Actually "Hide" Their Money
The super-rich don't sit on piles of cash like a dragon hording gold. They spend and invest it.
Were We Wrong About Addiction?
Right-wingers tend to think of addiction as a moral failing, and leftists tend to think of it as a disease. It looks like both positions might be wrong.
Zimbabwe's Dictator Fell but the Country Is Still In Trouble
Things in the beleaguered African country might yet get worse before they get better.
The Ordered Anarchy of Music Festivals
Examples of spontaneous order can be found all around us, both in human society and in nature.
The Lyceum Scholars Program Is Changing Higher Education at Clemson
Drawing inspiration from the Lyceum school founded by Aristotle, the Lyceum Scholars Program takes a Great Books approach to studying liberty, the American Founding, capitalism, and moral character.
This Trade Treaty Got Better when the US Bailed
People were stunned when the Trump administration unilaterally bailed on the Trans-Pacific Partnership (TPP) trade treaty in January 2017.
State Coercion Is Intoxicating, Seductive, and Wrong
Even otherwise good people fall prey to the allure of the easy "fix" of state coercion.
Why One Company is Trading Smoke Breaks for Vacation Time
Rewarding those who don’t take smoking breaks is much more effective than punishing those who do.
Terrorism and Mass Murder Are Not the Same Thing
The words we use to describe terrible things are important.
My Obsessive Phone Checking Gave Me a Concussion
It took a self-inflicted injury to teach me about being present.
Government Is A Game of Deadly Trade-Offs
There's no getting around the economic law of opportunity costs. And, with government, those costs are lives.
The Secret Billion Dollar Tax You've Never Heard About
Most states estimate that only 10–35% of companies follow unclaimed property laws completely.
You Deserve a Tax Break and Your Boss Does Too
The sanctimonious Republican arguments for raising taxes on some people ring hollow.
Cosmopolitanism Is the Answer
We are one another’s equals. There should be no confusion on this point.
The Seen and the Catastrophic Unseen in Our Criminal Justice System
Liberty-lovers are all too happy to apply Bastiat's concept of the seen and the unseen to economic policy, but it's important to apply it to all aspects of life and policy, including criminal justice.
The 1950s Economic Golden Age Is a Myth
High marginal tax rates in the 1950s failed to generate revenue and stunted economic performance.
The Deep History of Taxation May Surprise You
For the majority of history, the idea of sustained taxation in peacetime was anathema. So what happened?
How Fair is Fair Trade?
We see the "Fair Trade" label on our coffee all the time, but what does it even mean?
In North Korea, Black Markets Are Saving Lives
A fifth of the population is “directly or indirectly dependent on the markets”.
Tea Lovers Have It Made Thanks to Markets
From Chinese god-emperors to bags of Lipton: the story of tea is the story of trade.
Money, It Turns Out, Is a Practical Art
Cryptocurrency opened up the floodgates of monetary innovation a century after the enterprise had been shut down.
How Rezoning Will Help Amazon HQ Contenders
Increasing home prices is just one of many unsavory impacts of restrictive regulation.
Market Realities Finally Catch Up with the Red Cross
The Red Cross is floundering, which isn't surprising if you understand how markets work.
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