I was born shortly after the end of World War II, in 1949, in the British occupied zone of West Germany. My…

theory. Despite being written in the early twentieth century, its arguments and conclusions are still valid and interesting today. Mises describes five…

In economics, production and marketing are not separate concepts. Production responds to customers’ needs and marketing is the expression of those needs…

Progressives claim that poor nations are that way because wealthy nations exploit them through the capitalist system. Cultural institutions, it turns out,…

In 2011, the Federal Reserve invented new accounting methods for itself so that it could never legally go bankrupt. As explained by…

I was recently looking back on some notes I wrote a while back on the difference between efficiency and equity. These notes…

The number one threat to our lives and prosperity is the US government. How could it otherwise be? Loaded with trillions of…

From the WSJ (EVs Made Up 10% of All New Cars Sold Last Year):  Electric-vehicle sales crossed a global milestone last year,…