Taking Stock of the Assets We Have (and We Have a Lot of Them)
While the antimarket and antilibertarian forces are strong, it is easy to forget that free market advocates also have a powerful set of tools.
While the antimarket and antilibertarian forces are strong, it is easy to forget that free market advocates also have a powerful set of tools.
Patents lack a basis in natural rights; to the contrary, they may be a patent absurdity.
Names like Menger, Böhm-Bawerk, Wieser, Hayek, and Rothbard are well-known to adherents of the Austrian school of economics. Emil Kauder isn't one of those names, but Murray Rothbard brings his contributions to Austrian thinking to light.
Egalitarian liberals think that basic liberties can be violated in the quest for equality and even that "the natural duty to promote justice straightforwardly implies a duty to establish states."
Critics claim the market economy engages in "planned obsolescence" that encourages throwing good products into landfills. In fact, activities that might seem wasteful are the best use of resources.
While governments have been assaulting private property rights for many years, they now are ramping up the pressure. Nothing less than our civilization is at stake.
What is libertarian law and how does it function? Ludwig von Mises answered some of those questions and helped chart a path to achieving such a state of affairs.
Progressives claim that inequality is causing poverty and making people's lives worse. In reality, inequality leads to better economic outcomes overall and pulls more people out of poverty.