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Updated 2025-04-20 23:47
Don't Dismiss Bitcoin Because of Its Wild Price Swings
Many critics of Bitcoin consider the fact that Bitcoin is a speculative asset as sufficient reason to dismiss it.But all entrepreneurial initiatives are speculative at the start.
The FDA's Dog Food Investigation Needs to Be Put on a Leash
The FDA should put its dog dietetics on the short leash and focus on the issues it was designed to address.
How Healthy Pessimism Can Lead to Personal Freedom
What if we're pursuing happiness the wrong way? Aurelius reminds us to “[r]emember that very little is needed to make a happy life.”
How to Deschool Yourself for Success and Satisfaction
The first step in taking charge of your learning and livelihood is to shed these schooled myths and become adept at self-education.
How the BBC’s Critique of "I, Pencil" Misses the Mark
Read’s essay is no brief for anarchy. “I, Pencil” is aplea for humility among economic central planners that is desperately needed by the utopian thinkers of our day, and every era.
Even Economists Lie to Themselves
It turns out that even experts sometimes lie to the public—and it’s not always in a way that’s sinister.
Why You Should Ignore the News Cycle and Focus on Your Own Success
Politics is impossibly complicated, and a distraction from the ongoing task of being successful in life. It’s also intentionally addictive.
The Golden Rule Is as Golden as Ever
The Golden Rule Can Still Teach Us an Awful Lot
Restaurant Chain Announces Bankruptcy, Says Minimum Wage Hikes to Blame
The minimum wage was not the only factor Restaurants Unlimited blamed for their impending bankruptcy. The company also cited a pair of soft restaurant openings and a decline in casual dining.
How Congress Lost Power Over Trade Deals–and Why Some Lawmakers Want It Back
Some in Congress want to wrest control of trade policy back from the president. It might surprise you to learn that lawmakers ever had it.
Putin Could Not Be More Wrong about the Demise of Liberalism
For much of the rest of the world, liberalism remains alive and well. Let’s keep it that way.
What That Giant Asteroid of Gold Would Really Do to the Economy
Harvesting Psyche would not cause an economic collapse. If that much gold could cheaply be brought to market it would be a boon, not a bust.
RIP Ross Perot, the Billionaire Entrepreneur Who Ran for President
Ross Perot demonstrated that it’s extremely difficult to run an even modestly successful presidential campaign outside the two major parties unless you are both a billionaire and a celebrity.
Facebook’s New Currency Is a Smart Move for the Social Media Giant
Libra could lead the way to easier payments, remittances, and even credit options for millions in developing countries around the world.
No, Americans Are Not Worse Off Today Than They Were in the 1970s
Populism feeds on myths about living standards that simply don't stand up to scrutiny.
Anger Is Rising in America. The Stoics Taught How to Keep Your Cool
The Stoics advised that you can do your “duty” without anger. There is no such thing as healthy anger, taught Seneca.
The Bystander Effect: Myth or Fact?
Research into the bystander effect began in earnest after the brutal rape and murder of Kitty Genovese in 1964.
Steven Pinker's Intellectual Individualism Drives His Critics Crazy
Steven Pinker is one of the world’s most influential public intellectuals and a psychology professor at Harvard. He's also something dangerous: a free thinker.
Don’t Overlook Gen Z’s Creative Edge
As baby boomers prepare to exit the workforce over the coming years, it will be incumbent on Generations X and Y to listen to and work collaboratively with Gen Z.
The Case for Voluntary Reparations
Voluntary reparations should be supported by everyone regardless of their opinions about involuntary reparations.
41 Inconvenient Truths on the "New Energy Economy"
Bill Gates has said that when it comes to understanding energy realities “we need to bring math to the problem.” He's right.
Wormhoudt’s Words of Wisdom: It All Begins and Ends with Education
The late scholar Gerrit H. Wormhoudt's book "Opting Out" says Americans must choose alternatives to government-managed schools for their children.
Opposition to Busing Doesn’t Equal Support for Segregation
In reality, supporters of integration broadly opposed busing because of its downsides.
History Shows We Shouldn't Regulate Big Tech
If history is any guide to action, we would still be far better off in a world of imperfect self-regulation.
Why My Fellow Nigerians Should Welcome Africa’s New Single Market
Why hasn’t Nigeria, the region’s biggest economy, signed the trade agreement?
Why the Minimum Wage Can’t Solve the Poverty Problem
A higher minimum wage is sold as a way to help millions out of poverty. The reality is that it only benefits a small minority to the cost of everyone else.
How "Avengers: Endgame" Can Teach You Inflation
As of July 2, “Avengers: Endgame” had collected US$2.77 billion in worldwide ticket sales, $22 million shy of James Cameron’s 2009 film “Avatar.”
Life Before the Income Tax
What learnings can we derive from the British and American experience with the income tax?
Can We Celebrate a Flawed Nation? Yes!
Rightly done, the festivities of the 4th of July are part of a modern ritual to remind ourselves and our children of the forward-looking hope and aspiration for freedom and justice that is woven into America’s DNA.
This Fourth of July, Remember the Promise (and Price) of Liberty
Recall those who embraced the rhetoric of liberty and continued to plant the seeds for prosperity and the document which inspired it, on this July Fourth.
Why You Should Read “What to the Slave Is the Fourth of July?” to Your Kids
In what is considered one of the greatest abolitionist speeches, Frederick Douglass presented “What to the Slave is the Fourth of July?” to the Rochester Ladies’ Anti-Slavery Society in New York on July 5, 1852.
Why the Fourth of July Belongs to Thomas Jefferson
Thomas Jefferson wasn’t perfect. And neither are his critics.
The Roman Republic of 1849: Lessons from a Five-Month Country
The heroes of that brief moment in time who tried to make central Italy a somewhat freer place should be remembered for all time.
Why It Must Be the People Who Preserve the Flame of Liberty
We are learning that the Declaration of Independence and the Constitution are not enough to maintain liberty.
If Student Loans Might Be Forgiven, Why Not Borrow More?
Student debt cancellation redistributes wealth upward and changes people's incentives for the worse.
The Deafening Silence on Social Security’s Looming Insolvency
Social Security will become insolvent in just 16 years. Who says so? The people who run the Social Security Administration.
6 Tips on How to Read Old Economics Books
It is one thing to pick up a book and read it and a different thing to actually understand it.
Quantifying the Economic Benefits of Reducing the Regulatory Burden
Even modest improvements in growth lead to meaningful income gains over time.
Think for Yourself and Question the Benefits of Higher Education
The current societal obsession with college degrees frequently creates barriers to entry and heavy negative trade-offs.
Trying to Regulate Online Speech Will Only Make Censorship Worse
Government regulations are the real threat here, not social media companies’ policies.
School Has Robbed Young People of Their “Why”
To find their way, schooled young people need to rebuild their rudders and develop their own “why."
5 Things You Need from Your Job to Advance Your Career
No matter what your boss or HR says, it is up to you to build your toolkit.
Bastiat on the Nature of Government (and Why America's Was the Exception)
Independence Day is an excellent time to carefully consider Frédéric Bastiat’s 1848 essay, “Government,” one of the most insightful critiques ever given for understanding the problems that beset governance.
The Double Edged Sword of Nationalism
Nationalism creates an inherent quagmire by trying to convert other cultures to that of the state and sanctioning hostilities between various groups.
South Korea: Liberal Market Economy or Welfare State?
South Korea’s pro-capitalists are primarily critical of what they see as a departure from capitalist principles.
Promising the Impossible While Sacrificing Liberty
However noble-sounding promises of more for you at others’ expense can be made to sound by way of sins of omission, they violate America’s core values.
Politicians Promise to Cure Cancer, but They Can Only Prevent a Cure
Before you cheer for politicians promising medical breakthroughs, realize their actions may prevent the discovery of cancer cures.
Why Jailing Parents Who Can't Pay Child Support Is Questionable Public Policy
Unrealistic, punitive child support orders and related collection laws drive parents and families deeper into poverty.
Scientists, Beer, and the Incentives of Government-Funded Research
A major 2019 Canadian study found that alcohol was too cheap, its purchase was too convenient, and governments did not do enough to discourage its sale and consumption.
Black Markets Reveal the Power of Economic Laws
If we consider economics to be an objective science, its rules should also have universal significance and use, despite differences in societal order.
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