Production Theory

Opponents of employment-at-will speak of defending an employee's "individual freedom." Arthur Foulkes argues that this isn't freedom at all.

Surely, no one would dare to apply the Bastiat's Broken Window fallacy to the human tragedy that is still playing itself out along the rim of the Indian Ocean. And yet Chris Westley has discovered that at least one economist has done so.

The average family will spend about $1000 on Christmas gifts, writes Lew Rockwell, and much of what we buy might be described as rather shoddy. Paradoxically, this is not a bad thing but a sign of rising wealth.

The oft-heard tale about the sad plight of labor as versus capital is almost entirely false, writes Thomas Woods, author of a new book on American history.

Recorded 10/15/2004 at Radical Scholarship: The Guerrilla Movement for Liberty.

Recorded 10/15/2004 at Radical Scholarship: The Guerrilla Movement for Liberty.  

It was capitalism that finally ended the Great Depression, writes Tom DiLorenzo, not FDR's hair-brained cartel, wage-increasing, unionizing, and welfare state expanding policies. 

A basic understanding of the elementary economics of unionism, writes Tom DiLorezno, shows why violence against competitors has always been an inherent feature of unionism.

Everything we have heard from conventional wisdom regarding the minimum wage is false, writes Shawn Ritenour.

The "superior bargaining power" argument has always been the most important argument on behalf of unionism and of all the legislative privileges that unions enjoy. Thomas DiLorenzo points to Mises's demolition of the idea.