from FEE

Hayek also emphasized that this system of prices is not an organized institution or structure that was created by any single person’s design. It was simply a natural consequence of trade between people even before money in a barter economy.

If tariffs made citizens better off, shouldn’t California want to restrict trade with Maine?

If it’s bad for prosperity for governments to impose taxes, regulation, and intervention on trade inside a country, then it’s also bad for prosperity for government to impose taxes, regulation, and intervention on trade that crosses national borders.

That automation destroys or displaces jobs is not an error or problem; it’s the whole point.

Governments throughout the vast majority of history have abused individual liberty and ignored basic safeguards like due process and habeas corpus.

The carbon tax needs to be called out for what it really is: just another tax. A carbon tax would have massive implications on the American economy regardless of what the initial tax rate is set.

Will this program be an improvement to the status quo, or just an ineffective waste of money?

iTunes was the major player in the music downloads market before Spotify’s all-you-can-eat streaming service disrupted it.

Freedom of expression correlates with better protection of human rights, higher GDP, less violence, and lower corruption.

Marx’s disciples from Cuba and Venezuela to South Africa and Zimbabwe are committing the same mistake today.

It wasn’t necessary for a central planner to overcome the limitations of barter.

With ad blocking, users are free to read opposing perspectives and hear ideas that claim to refute their own political assumptions.

Authoritarian cultural homogeneity is the only way for a vast welfare state to survive.

On some vital economic matters, the man was not only right but also eloquent in making his point.

In South Africa on Tuesday, Obama spoke about our “strange and uncertain times.”

Treating symptoms is not enough.

In sports like soccer, there are definite winners who defeat the losers. In the marketplace, everybody wins.

According to the two carriers, the merged company could cut costs by$6 billionannually while increasing its profitability.

Hoffer was more than a little skeptical of power and the lust for it. I think I see it the same way he did.

Economic freedom means more than just taxes or trade policy.

Habits of punctuality, thrift, and fair exchange do not stop at the workplace door but spill into personal life.

If the consequences of central planning are domestically detrimental, we will likewise see a similar detrimental impact on international policy.

Courage, self-reliance, and liberty.

Global CO2emissions from energy in 2017 grew by 1.6 percent and 426.4 million tons.

The European Union finds itself in a massive debate over migration.

The greater the degree of government involvement in the provision of a good or service the greater the price increases over time.

Social Security is a rotten deal for workers.

Freedom is the common intellectual inheritance left to us by the great thinkers of the West.

Eric Hoffer was fascinated by the fanatic.

The tax rate that matters is the marginal tax rate, not the average tax rate.

Support for Trump’s tariffs is not something generated by a sense of a greater good.

Market forces are giving Americans cheaper, cleaner energy. We would all be best served to let those forces continue unabated.

America still suffers from a pervasive and serious national deficit of clear thinking and elementary understanding of trade.

Like conventional workplaces, conventionalclassrooms may soon be a thing of the past.

No means no, and out means out.

The slicing and mincing of complex data structures down to a soundbite is the stock-in-trade of the class warfare industry.A ranting demagogue from Vermont is currently its loudest solicitor.

Given the economic misery of the 1930s, it should be obvious that copyingthe awful policiesof Hoover or Roosevelt is never a good idea.

Both monarchs of the past and dictators more in the present have denied limits on their power to command and coerce those under their control.

The federal government owns over a quarter of all U.S. territory, and it's blocking huge possibilities.

Trump’s ill-advised trade war is really largely a war on Americans

If America is “capitalism run wild,” then so is Norway. If Norway is “socialism,” then so is the United States.

Occupational licensing lowers social mobility, obstructing people born into low-income households from entering the middle class.

"...wages *are* growing. But not as fast as many expect."

Estée was committed to tightly controlling every aspect of the operation. Only family members knew the entire formula for each product.

Small differences in growth can make a big difference to prosperity if they can be sustained.

As the numbers we’ve cited make clear, there’s not much value to be gained for the U.S. economy or its workers from simply assembling iPhones here from parts made in Asia.

Alexandria Ocasio-Cortez, Stephen Colbert, and millions of Americans leaning toward socialism have no knowledge of the economic problem.

Here we build a case for George Eastman as the greatest technology entrepreneur.

Teachers themselves freely acknowledge that many of their colleagues shouldn’t be teaching.

In the USA there are between 2.1 and 2.5million defensive gun uses every year.