07 May Jobs Report Shows Incentives Still Matter
Recent employment data leave no doubt that crisis policy is not suited to a pandemic. Read the Full Article here: >Capital Record | National Review...
Recent employment data leave no doubt that crisis policy is not suited to a pandemic. Read the Full Article here: >Capital Record | National Review...
In hindsight, the rise of cryptocurrencies appears to have begun with the introduction of bitcoin in 2009. Earlier cryptocurrencies had been launched in the 1990s, but they failed to take hold. David Chaum’s DigiCash is widely thought to have been ahead of its time. Chaum...
An excerpt from Chapter 1 of Capitalism: A Treatise on Economics, Volume I. This book shows that the laws and social institutions necessary to the successful functioning, indeed, to the very existence, of the division of labor are those of capitalism. Capitalism is a social...
Medical breakthroughs mean we will never again suffer through diseases like the novel coronavirus—if politicians will get out of the way.------------------Subscribe to our YouTube channel: https://www.youtube.com/ReasonTV?sub_...
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The entire notion of having to choose between people and profits is debunked by the existence of the COVID vaccine. Read the Full Article here: >Capital Record | National Review...
“The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated communist, but people for whom the distinction between fact and fiction, true and false, no longer exists.” ~ Hannah Arendt (1951) “The Origins of Totalitarianism” It is never enough to place all...
Ludwig von Mises didn’t like references to the “miracle” of the marketplace or the “magic” of production or other terms that suggest that economic systems depend on some force that is beyond human comprehension. In his view, we are better off coming to a rational...
Americans took out $1.7 trillion in government loans for college tuition. Now, some don’t want to pay it back. President Joe Biden says they shouldn’t have to. He wants to cancel at least $10,000 and maybe $50,000 of every student’s debt. “They’re in real trouble,” says Biden...
Henry Hazlitt has had a long and distinguished career as economist, journalist, and author. Best known of his numerous books is Economics in One Lesson. How the Communist Manifesto fails as an economic guidebook. A number of women (and men) have recently been contending that women who...