Capital and Interest Theory

A correspondent on the LRC blog refers to the

An interesting case of the failure of micro-central planning comes from Shaliuhe, China,

The ancient transgressions of murder, pillage, bestiality, thievery, and rape still shout from the headlines.

Once again, Penn and Teller hilariously explode the myths and superstitions about capitalism with a healthy contempt and a plethora of curse words,

Saving in the interest of infinitely postponed consumption is not saving at all — it is pure loss.

Economic problems arise only when it is a question of adjusting the available means to any new situation.

Historically, you know, we have a couple of grievances with the Japanese.

With a nod to Tyler Cowen

Let’s say that we could generate a graph with happiness in rows and wealth in columns. The curve slops perfectly upward.

When it comes to matters such as the theory of evolution and stem-cell research, so-called liberals—i.e., socialists who have stolen the name that