News
Cronyism, Not Welfare, Is China’s Big Problem
After three decades of promarket reforms, extreme poverty in China has been virtually eradicated. So President Xi Jinping now has...
Read more
Contract Rights Are Not the Same as Natural Rights
Contracts are voidable and thoroughly changeable. They can be totally ignored with the consent of both parties. But natural rights...
Read more
The Essence of Hutt
William H. Hutt's outstanding accomplishment is his pathbreaking reconstruction of the macroeconomic analysis of price and resource allocation, the long-established...
Read more
Why There Is No Free Lunch
No Free Lunch: Six Economic Lies You’ve Been Taught and Probably Believeby Caleb S. FullerFreiling Publishing, 2021. 110 pp. Caleb...
Read more
The Fed’s Inflation Is behind the Supply Chain Mess
The idea that supply chain problems are “driving inflation” gets the causation backward. It’s money supply inflation that’s causing the...
Read more
Thanks to Bailouts, Wall Street Banks Are More Fragile than Ever
The financial covid crash of 2020 came and went in a month as the US government threw every monetary and fiscal...
Read more
The Tragedy of the Government’s Ban on Human Organ Sales
New tech shows some light at the end of the tunnel. But for decades, government bans on a market for...
Read moreWhy Bureaucrats Aren’t Like Private Sector Workers
Bureaucratic management means, under democracy, management in strict accordance with the law and the budget. It is not for the...
Read more
Protectionism Is Immoral, Unjust, and Corrupt
If a businessman pulls a gun on a customer and demands 20 percent more for a product, that is robbery....
Read more
In a Free Economy, Prices Would be Going down, Not Up
Whenever politicians and media outlets discuss inflation, they invariably use the Consumer Price Index (CPI) as their measure. The CPI...
Read more