Billionaires, Labor, and Wealth
Do “pen-pushing” billionaires really deserve their wealth? I recently reread Marx and Engels’ “Communist Manifesto” and was reminded…
It’s Either Commands or Contracts
Ludwig von Mises on the two types of society “There are two different kinds of social cooperation,” wrote…
The Capitalist Revolution that Empowered & Enriched the Masses
An excerpt from Liberty & Property by Ludwig von Mises. The pre-capitalistic system of production was restrictive. Its…
Antitrust Accelerated: The Radical Vision of Antitrust Threatening Start-Ups
Throughout the history of antitrust legislation in the United States, its stated purpose has been to protect consumers…
Anti-Capitalist Fallacies: The Evil of Bigness & the Kroger-Albertsons Merger
True to their revulsion for big, successful companies, the antitrusters are rallying against the Kroger-Albertsons merger. But which…
How Capitalism Cleans the Environment
In 2004 at my blog, Café Hayek, I launched a series of posts titled “Cleaned by Capitalism.” Each…
The Intellectual Dodges of the Climate Alarmists
Are we on the verge of a climate crisis? Or are we in the midst of an intellectual…
The Myth of American Inequality and Stagnation
Are the rich getting richer and the poor are getting poorer? by Donald J. Boudreaux The familiar trope,…
Choking Innovation
How opposition to new technologies stifles innovation and progress The economist Julian Simon observed that when we solve…
The Barely Believable Story of the Dambusters
I turned the corner and saw it. I instantly knew what it was. A bomb. I was thrilled.…