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Capitalism is characterized by the private ownership of capital, coming from Lockean homesteading principles, and not from state coercion and force.
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Government spending does not reflect true economic value the way personal spending does.
David Glasner shares his perspectives on the famous Sraffa-Hayek debate, a topic on which he has expressed disagreement with Bob in print.
After spending 25 years as a columnist for the New York Times, Paul Krugman is finally retiring from that position—25 years too late, if...
Capitalism is characterized by the private ownership of capital, coming from Lockean homesteading principles, and not from state coercion and force.
Supporters of intellectual property laws claim that people will not innovate unless they are protected by such legislation. In reality, people are more likely...
While it is tempting to think of state power as being maintained by sheer force, it still needs a “theological” justification, be it secular...
Capitalism is characterized by the private ownership of capital, coming from Lockean homesteading principles, and not from state coercion and force.
As the Federal Reserve engineers one financial bubble after another, we are reminded that the Austrian Business Cycle Theory explains what is happening and...
Walter Block has attempted to reconfigure libertarian thinking in regards to self-defense. Unfortunately, his theories are illogical, Orwellian, and conflict with Murray Rothbard‘s clear...
In What Has Government Done to Our Money? Murray Rothbard changes your whole view of the world—not just money.
Bob reacts to Bryan Caplan’s current views, arguing that the history of economic thought is indeed important, and the Misesian approach to praxeology is...
The election of Donald Trump has revived debate about tariffs and their effects. Austrian economists point out that the damage tariffs impose is not...
We hear of many schemes to promote government “efficiency.” The problem is that the very nature of government makes “efficiency” impossible.