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Updated 2025-04-22 00:03
5 of the Worst Economic Predictions in History
History has shown that experts aren’t often much better than the average person when it comes to forecasting the future.
Economic Turnaround: Pittsburgh Rebuilds and Rebrands
Pittsburgh's recovery is an inspirational economic success story that others should look to imitate.
Totalitarian Planning Dangers, Past and Present
All forms of government intervention within a market economy are forms of government planning.
Dear Democratic Socialists: Entitlements Are Not Rights
The only way anyone can have a right to something that has to be produced, is to force someone else to produce it for him.
The Future of A.I. Cannot be Centrally Planned
No one can accurately predict where AI will take us or what we can learn from it, so trying is, at best, pointless.
Why On Earth Would We Want Air Conditioning to Be More Expensive?
Regulations force businesses to spend money that could have otherwise been spent elsewhere in the economy.
Trade Is How You Grow Steel in South Dakota
We pour corn andStar Warsmovies into the global economy, and the rest of the world gives us steel, aluminum, and all the other things we might want.
Liberty Is Not a "Centrist" Position
Sectors dominated by rent-seekers are giving a bad name to markets in general.
The Real Victim of Social Media Censorship is Personal Responsibility
Only the individual is responsible for their consumption of information.
The Stirring Elocution of Frederick Douglass
It’s worth our time to reflect on the life and words of this great man born 200 years ago this year.
We Shouldn’t Send a New Generation of Soldiers to Fight in the ‘War on Terror’
Seventeen years of sacrificing young people to a counter-productive effort is far too long.
When Trade and Aid Collide, Taxpayers Lose
If we had more free trade and less protectionism, farmers wouldn’t need this “emergency-aid.”
The World Has Come a Long Way from Cesspits to Sanitation
The need to keep human and animal waste away from human contact may seem obvious today, but for millennia that was not the case.
Why California Cities Are Becoming Unlivable
Why aren’t politicians working to fix this? Self-preservation.
Why Is the Nanny State so Popular?
The idea of consumer protection remains important for governments because consumers have been taught to perceive themselves as victims.
The Man Who Bankrupted a Legislature
To curry favor with Nevada legislators, he offered them confidential and convincing financial advice.
What Will Cause the Next Recession?
I think misguided monetary policyusually deserves blamefor short-run economic instability.
San Francisco's Protectionist Attempt to Ban Company Cafeterias
The era of employee cafeterias may soon be coming to an end thanks to two San Francisco city officials.
How One Deleted Scene Turns Star Wars into a Struggle against Socialism
This scene in which Biggs urges Luke to fight to defend the free market did not make it into the final film.
No Such Thing as a Free-Market Welfare State
While no one would deny the importance of helping those in need, it’s important to tackle the idea that it is only the state that is capable of providing social welfare.
When Trade "Deficits" Go Up, So Does US Employment
The data are clear: increases in the US trade deficit is strongly correlated with increases in US employment numbers.
Caligula: Plumbing the Depths of Ancient Tyranny
The history of Rome is a case study in just how much power can corrupt a person, and Caligula is likely the case in point.
Understand How Insurance Works Before Debating Health Care Policy
Neither Obamacare fans nor single-payer pushers seem to have any clue about how insurance is supposed to work.
The Wacky and Wonderful Renaissance of Urban Transportation
Sidewalks and side streets are becoming more relevant in modern urban environments as cities become pedestrian-friendly.
Steel Tariffs Are Hammering the US Nail Industry
When a government undertakes policies to expand the volume of exports, it cannot help but to expand the volume of imports as well.
What My Experience in Mexico Made Me Realize about the Future of Health Care
Medical tourism may very well be how to save health care from stifling regulation.
The Good Intentions Fallacy Is Driving Support for Democratic Socialism
“Concentrated power is not rendered harmless by the good intentions of those who create it.” - Milton Friedman
It's More Important to Be American than to Buy American
It makes no more sense to inflict “Buy American” protectionism on yourself than it does to endorse it when it’s imposed on you by law.
An Economist's Top 5 Books on Trade for Non-Economists
Don Boudreaux's recommended reading list for demystifying free trade.
Welfare Spending Did Not Decrease Poverty, Capitalism Did
Some argue that the big-government welfare state is to thank for the reduction in global extreme poverty levels, but they're just plain wrong.
Plastic Straw Bans: Bad for Freedom, Great for Memes
The new restrictions on plastic straws are, at best, useless, but they have proven to be a political comedy gold mine.
Is Trump's China Bashing Vindicated If It Leads to Lower Chinese Tariffs? No.
Were Trump a master trade negotiator, logic dictates that he would skip any trade talks and immediately work with Congress to zero out all tariffs on foreign goods.
Be More than Just an Intern
An internship doesn't have to mean a sentence of three-to-six months of uselessness and gophering. Here's how to make yourself indispensable.
Tiger Woods, Excellence, and Inequality
Without Woods, golf wouldn’t be nearly as lucrative for everyone involved in the sport.
Debunking the (Plastic) Straw Man Arguments
Plastic straws are not the pressing threat that environmentalists and celebrities seem to think they are.
Political Change Starts with Self-Improvement
The way toward social improvement is not through forcing what one sees as improvements on others, but through self-improvement.
Joseph Paxton: More Than a Gardener
Happy birthday today to a memorable Brit, the great Joseph Paxton!
Hurray for Falling Corporate Tax Rates
Jobs and investment both decline when companies can’t protect their income from government.
Why I'm Pro-Market AND Pro-Business
I love businesses becausethey treat me the way I like to be treated.
Humanity Is Winning the War on AIDS
In just four short decades, we've gone from HIV/AIDS as an untreatable pandemic to being on the cusp of a vaccine or even cure.
How Coders, Not Drug Warriors, Are Preventing Opioid Overdoses and Saving Lives
When a friend's overdose brought the opioid crisis home for coder Mike LeGrand, he and his students created an app to do what government couldn't.
African Entrepreneur: Poor Countries Need Economic Freedom, Not Handouts
Magatte Wade, a Senegalese entrepreneur, explores the question of why some countries are prosperous and some are not.
Using the Tax Code to Increase Rents and Enrich Landlords
And guess what happens when supply is constrained and demand keeps climbing?
The Platform Economy Can Change the World
Platforms are changing the way we live, work, and get about.
Greek Politicians Exacerbated a Spending Problem with Nonstop Tax Increases
Greece's sky-high tax burden encourages dodging and evasion, making the government's spending problem even worse.
As Venezuela Collapses, Inflation Careens Toward 1 Million Percent
Socialism has turned the once-prosperous nation of Venezuela into poverty-ridden hellscape.
How the Profit Motive Can Help Fight Climate Change
The switch to green energy is proving so difficult in part becauserenewable energy is difficult to scale up.
No, This Won't Be a "Trade War to End All Trade Wars"
Implementing tariffs for the stated goal of eliminating tariffs is just plain nonsense.
‘There Ought to Be a Law’: What that Phrase Actually Means
All laws are ultimately enforced under the threat or outright use of violence.
Is "Trumponomics" Working? Here Are the Pros and Cons
Some supporters are quick to say that Trump's tax cuts have been an unmitigated success, but tax rates aren't the only thing to have changed.
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