Original article: https://mises.org/power-market/you-created-jobs-robots
Published on 4 months ago
How do we define liberty? Hayek saw it as the absence of most (but not all) coercion, but that depends upon how one defines “coercion.” Murray Rothbard believed that Hayek was too willing to accept f…
Published on 4 months ago
Mainstream economists claim that they can use econometric models to emulate human action and, thus, create an economic laboratory. These models, however, cannot tell us about cause-and-effect, which …
Published on 4 months, 1 week ago
Original article: https://mises.org/power-market/jamaicas-beaches-and-property-rights
Published on 4 months, 1 week ago
Long a constitutional monarchy with ties to Great Britain, many in Jamaica are looking to end the old relationship and become a republic. But is this movement simply a reaction to anti-colonialism, a…
Published on 4 months, 1 week ago
A relic of the Cold War, the US embargo and travel restrictions to Cuba violate American freedoms and they accomplish nothing to end Cuba's communist regime or win freedom for Cubans. Yet, this faile…
Published on 4 months, 1 week ago
What do we mean by equality? F.A. Hayek believed that equality under law and the socialist belief of material equality were opposed to each other. Furthermore, he held liberty to be necessary for civ…
Published on 4 months, 1 week ago
Before the American Revolution, there were the Levellers, who sought liberty during the English Civil War. While their influence on the American colonists would be indirect, nonetheless, many of thei…
Published on 4 months, 1 week ago
In most of the world, inflation is no longer an exception, it is the rule. Official inflation targets of 4 percent, 5 percent, or even 6 percent per year have become normalized.
Original article: http…
Published on 4 months, 1 week ago
In this week's Friday Philosophy, Dr. David Gordon reviews Profit Without Apology: The Need to Stand Up For Business by Onkar Ghate and Dan Watkins. While praising the effort, he also shares some con…
Published on 4 months, 1 week ago
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