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Today’s AIs Show the Marginal Revolution's Unfinished Business

In 1871, the “discovery” of marginal economic analysis soon took a wrong turn, moving towards quantification, data, and mathematics. It is time to “r…

3 months, 3 weeks ago

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Socialists Are Reaping a Bountiful Political Harvest while They Create Havoc

As the economy faulters, socialists are getting elected, promising free goods and services and an end to the chaos. Even when they make things worse,…

3 months, 3 weeks ago

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The Cost of Money: Coinage, Fiat Power, and the Quiet Corruption of Value

Governments take valuable things like paper and minerals, stamp something on them, and call them money, in the process rendering these things almost …

3 months, 3 weeks ago

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The Economics of War

In this article from 1950, Murray Rothbard suggests some of the less bad ways of financing military operations. Hint: monetary inflation and taxing s…

3 months, 3 weeks ago

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Marx Was Wrong About the “Necessary” Ruin of Small Landed Property

Karl Marx not only misunderstood value and production, but he also was wrong about large-scale and small-scale property owners.

Original article: http…

3 months, 3 weeks ago

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On The Duty Of Natural Outlaws To Shut Up

Who would join a radical minority movement, and commit him- or herself for life to social obloquy and a marginal existence, for the sake of 20% more …

3 months, 3 weeks ago

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Depopulation Won’t Save Us or the Planet

The recent death of Paul Ehrlich reminds us that his crackpot overpopulation theories still are with us, even as they are being regularly discredited…

3 months, 3 weeks ago

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Hobbes’s State: “Why Are You Hitting Yourself?”

To complain against the state’s actions, argues Hobbes, is to ultimately complain against yourself because you originally authorized the state throug…

3 months, 4 weeks ago

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How to Change the World: Entrepreneurship versus Politics

Entrepreneurship is a voluntary undertaking that causes change by providing value. No force, no threats, and no coercion are involved. It is market a…

4 months ago

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Where California Went Wrong

California has been seen as the nation’s “Promised Land” for many years, but in the past 25 years, people have left due to high housing costs and hig…

4 months ago

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