Production Theory

Email is supplanting regular mail and the Postal Service is fighting for its life--at its customers' and competitors' expense.

The Firestone/Ford debacle is being used to spread the oldest myths in the anticapitalist lexicon.

The sequencing of the human genome is yet another victory for private enterprise over central planning, writes Lew Rockwell.

It is time to refute claims of gas gouging and explain (once again) that not only were these price increases inevitable, but they have been specially packaged in Washington, D.C.

Americans have more housing choices than ever before, thanks to the automobile and modern communications. The regulators are fit to be tied, says William Anderson. 

A famed physicist warns of a market-driven genetic caste system. But the real danger is putting the government in charge of any technology.

The New England Journal of Medicine has it backwards: it's public, not private, money that skews research agendas.

Why neoclassical economists are wrong to stop short of calling for the full repeal of antitrust. 

Those glitches serve a market function: consumers prefer advanced technology to perfect technology.

In at least one area, the US economic expansion has left a trail of destruction in its wake: on it are members of the profession that pretends to forecast future economic conditions. Gene Epstein of Barron's, speaking at a Mises Institute conference, cited as an example the famous Wall Street Journal survey of economists, published on a regular basis. It represents ten years of solid failure.