Rather than being a Utopia, socialism and communism in practice create a hell on earth.
We can now rest easy knowing that the next time we are accosted with the infamous question about roads, we can look to Domino’s as a beacon of free-market innovation of a public good.
Socialism isn't new; it was even wrecking economies back in Ancient Rome.
Debunking three delusions people have about socialism.
The low quit rate in public education tells us that the total benefits of these jobs are so high, workers will stay even when there are strong reasons to leave.
On a purely selfish level, is marriage still worth the struggle and fuss?
If you want to understand what will likely happen politically in ten years, simply look at the cultural beliefs of the younger Americans and how they live their lives. Politics and policy will eventually conform.
The financial sector has evolved to become one of the largest sectors in developed economies—and probably the most criticized.
On Monday, the City Council continued this pattern by voting to implement a new “employment tax” on large Seattle-based businesses.
Ethanol Is a Never-Ending Gravy Train for Corn Farmers and Ethanol Producers. But What About the Rest of America?
Like most people I’ve spoken with, I have no innate, inflexible antipathy to ethanol in gasoline. What upsets me are the deceptive claims used to justify adding mostly corn-based ethanol to this indispensable fuel....
It is the fate of anyone who orders a sandwich or a salad: There are just too many decisions to make.
Success is found by constantly asking, “How can I make this better?”
Millennials think socialism sounds great... until they have to deal with the effects of the system.
Ayn Rand and Ludwig von Mises Once Had Dinner Together, and It Can Teach Us a Lot About Intellectual Dogmatism
Even intellectual giants cling to their dogmas. But does this intellectual intolerance do a disservice to the advancement of ideas?
The Republicans have so forgotten how to control spending, even when they try something conservative it is not really conservative.
The recent gas price rise is a real concern and addressing it is important for all Americans.
The report shows earmarks (aka “pork”) are a bipartisan problem that cost taxpayers $583 billion in FY 2016.
This Saturday is the 200th anniversary of the birth of Karl Marx, the most destructively influential writer on economics in world history.
Has extreme poverty a) almost doubled, b) stayed the same, or c) almost halved?
If you want to give economics a shot, you could do much worse than these five classic works.
There is a great deal of wisdom in the old saying, “there is no such thing as a free lunch."
What is essential is for the poor to experience a mindset shift towards taking more responsibility for their lives.
This year marks the 85th anniversary of the New Deal, the controversial set of programs, public works, and economic reforms that President Franklin Delano Roosevelt undertook to combat America’s Great Depression.
A 2017 paper published by three Stanford economists shows how damaging rent controls are.
My Chinese students grasped—perhaps more than many Americans—the gift that America’s founders bequeathed to humanity.
Neither scandal nor misconduct have sufficed to keep some government officials from receiving lavish severance payouts.
"If you control the flow of information, you can control everything. You can control most of what anyone see and knows."
The facts show that much rhetoric surrounding Equal Pay Day slanders employers who have done no wrong, stokes gender and racial hostility, and hinders people from being successful.