Steven Horwitz's Blog

Steven Horwitz's Blog

You Can't Deny that Venezuela is a Socialist Calamity

You Can't Deny that Venezuela is a Socialist Calamity

As Venezuela descends into a nightmare of starvation and violence, the long-standing debate over the feasibility of socialism takes on new relevance.

Gender Pay Gap Myths (and Truths)

Gender Pay Gap Myths (and Truths)

The gender wage gap is not as simple as either the defenders of markets or their feminist critics make it out to be. 

Is Capitalism Good for the Poor?

Is Capitalism Good for the Poor?

For most of human history, we lived in a world of a few haves and lots of have-nots.

When Socialism Works

When Socialism Works

Sanders-Style Economics Will Undo Any Large Society