Free Competition Is Voluntary Cooperation

Unlike the competition in games where some lose what the victors win, and unlike war where even the winner may lose more than he gains, freely competitive economic behavior enables each participant t.o gain the greatest possible reward by voluntarily cooperating

E.C. Harwood – November 11, 2019

Only Freedom Will Save the Auto Industry

Government meddling in the auto industry has killed beauty, innovation, and passion; giving people their freedom to explore back is what will save it.

– November 11, 2019

How to Prevent Democide

Some of the 262 million individuals that suffered from democide could have escaped their fates. More importantly, rulers faced with the possibility of exit would have been more reluctant to engage in democides in the first place.

– November 11, 2019

The Most Beautiful Disruption in Media

You can have your Hulu, your Netflix, your Disney, your Amazon, your YouTube, your movies at the theater, or your dusty old books. Everyone gets to win in a vibrant market order, consumers and producers both.

– November 11, 2019

Economics Is the Great Reality Check

Economics is a ubiquitous and conspicuous set of limits that cause everyone to buck up, cease our simpleton solipsism, face what’s true, become disciplined, get adaptable outside our embedded identity, live within our means, adopt solid values, and lead a good life.

– November 10, 2019

Tariffs Tax Your Freedom

Freedom goes down when tariff revenues go up. It’s high time we revisited the Declaration of Independence and renewed our commitment to freedom.

– November 8, 2019
Consumer sentiment

Consumer Sentiment Shows Resilience in Early November

Consumer sentiment maintained a generally high level by historical comparison in early November.

– November 8, 2019

Hidden Intervention: Political Motivations Driving Fed Policy

The Federal Reserve is subsidizing the Treasury. The apparent trouble in overnight markets appears to have provided an excuse to quietly reengage in the now decade-old program of support.

– November 8, 2019

The Gamification of Bitcoin

It’s possible that bitcoin-as-game will stay popular for a very long time. And if it does, that could be a good thing.

– November 7, 2019

China Loves AIER’s Video on Mises and Marx

Overnight, and almost by accident, we discovered that a duplicate copy of AIER’s “The March of History” had posted 4.2 million views in China, with subtitles.

– November 7, 2019

Prohibition Is Ending in College Sports

The NCAA has opened the door to permitting student-athletes to get paid. That’s a good thing. There are still a lot of unanswered questions, but we shouldn’t let them get in the way of progress.

– November 7, 2019

Trump’s Tariffs Did Nothing to Boost the Steel Industry

At best, the trade war promised to help those people at the expense of everyone else. In reality, we’re all so connected that such a destructive policy is bound to harm everyone.

– November 6, 2019

Medicare-for-All: Learning from the Swiss Experience

Maybe it is time for one of our aspiring presidential candidates to refresh the health insurance debate.

– November 6, 2019


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