The Cult of the Presidency: 2024 Edition
Gene Healy The pivotal moment in the September 10 debate came roughly 28 minutes in when Vice President Kamala Harris successfully baited the world’s most baitable man. If you attend a Trump rally, she told the audience, you’ll “notice that people start leaving
Happy Yeltsin Supermarket Day!
Scott Lincicome Thirty-five years ago today, Boris Yeltsin, then a newly elected member of the Supreme Soviet of the Soviet Union, visited NASA’s Johnson Space Center in Houston, Texas, where he toured the US government facility and the various technologies therein.
Privatize Federal Lands
The US federal government is the nation's largest landlord and still owns 28 percent of the land in the US. The time has come for large-scale privatization.
Trump’s 2020 Stolen Election Claims Are Wrong on the Merits
Walter Olson Donald Trump is back to saying the 2020 election was stolen from him, and his followers regularly echo these claims. It’s therefore helpful to keep on hand one or two of the exhaustively detailed state-by-state accounts by election lawyers
Understanding the Real Costs of Slavery: It’s Not Cheap labor
The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity costs, which is why American slave owners depended upon several government regulations to subsidize their “peculiar
Do Financial Markets Immediately Provide All Relevant Information?
The Perfect Market Hypothesis claims that all movements in the market can be considered as random, as market players and prices adjust immediately to new information. However, market players do seek new information and seek to use it.
Why Marx Was Wrong about Workers and Wages
Marx built his infamous Labor Theory of Value on the premise that labor itself was a commodity. However, as Mises and other Austrians have noted, Marx failed both at understanding the complexity of labor and subjective value theories.
Marxism as Sophism: A Critical Examination of Labor as a Commodity
Marx built his infamous Labor Theory of Value on the premise that labor itself was a commodity. However, as Mises and other Austrians have noted, Marx failed both at understanding the complexity of labor and subjective value theories.
The Rebellious Old Right
What Murray Rothbard used to call the "Old Right" stood for liberty, freedom of speech, and a free economy. Most importantly, they stood for peace, all in contrast to the "liberals" of their day and ours.
Is the Skyscraper Curse Dead?
There is good evidence that the Skyscraper Curse is dead. But what does that mean? Are historical changes are in the works?
The Misguided Antitrust Investigations in AI
Jennifer Huddleston In early September, news of possible Department of Justice (DoJ) subpoenas indicated that the agency is escalating its investigation into antitrust claims against chipmaker Nvidia. Some critics, both left and right, have expressed concerns that there is already a
Immigrant Population Is Still One Million Below the Pre-Trump Trend
David J. Bier New numbers from the Census Bureau’s mini-census, the American Community Survey (ACS), show that the immigrant population is increasing but is still below the Census Bureau’s projections made in 2017 (the year the Trump administration started to radically
Friday Feature: Regina Caeli Boston
Colleen Hroncich While most children attend school in person Monday through Friday, recent EdChoice polling found that only half of parents would choose that if they had other options. Around 43 percent would prefer a hybrid model where their children learn
Friday Feature: Regina Caeli Boston
Colleen Hroncich While most children attend school in person Monday through Friday, recent EdChoice polling found that only half of parents would choose that if they had other options. Around 43 percent would prefer a hybrid model where their children learn
The Bolognese Jurists behind the Proto-Austrians of the Salamanca School
The Salamanca School is known for important contributions to free-market economics and the Austrian School. The Bolognese jurists also made key contributions.
The Bolognese Jurists behind the Proto-Austrian Theories of the Salamanca School
While people knowing the history of the Austrian school of economics are familiar with the School of Salamanca, it turns out they were influenced by jurists in Bologna who helped to build a legal and intellectual framework upon which scholars
New “Engels” on Marx
It is understood that Marx's theories stand entirely upon his Labor Theory of Value. If that theory is discredited, so is the scenario that leads to the inevitable triumph of communism. That fact, however, doesn't stop Marx's disciples from employing
New “Engels” on Marx
It is understood that Marx's theories stand entirely upon his Labor Theory of Value. If that theory is discredited, so is the scenario that leads to the inevitable triumph of communism. That fact, however, doesn't stop Marx's disciples from employing