“If you like your health care plan, you can keep your health care plan.” These words, spoken by U.S. President Barack Obama in various forms and iterations, have become a running joke amidst the rollout of the Affordable Care Act.
Value is subjective. This is one of the cornerstones of modern economics. What’s known as the “marginal revolution” of the late 19th century was responsible for bringing the axiom from intellectual musing to orthodox dogma. Three economists – Leon Walras,
Reprinted from Mises.org The media’s caricature of libertarians is a pendulum that swings from one extreme to another. One minute we’re grasping plutocrats, championing the privileged, and the next minute we’re losers living in our parents’ basements. Not long ago,
I stumbled across a debate recently between the late, famed National Review editor Bill Buckley and then-Libertarian Presidential candidate Ron Paul on the former’s television show “Firing Line.” Buckley, ever the wordsmith and orator, chides the Good Doctor over libertarianism’s
Jane Jacobs was an American-Canadian journalist, author, and activist best known for her work on urban studies. Her best known work, The Death & Life of Great American Cities, should be of interest of libertarians everywhere. Her concepts such as,
Reprinted from LewRockwell.com What the government is good at is collecting taxes, taking away your freedoms and killing people. It’s not good at much else. - Tom Clancy In the science of chaos, “attractors” are operational principles around which turbulence and apparent
Reprinted from FEE.org About a year ago, I wrote a piece in praise of the “explicit, uncensored, behind-the-scenes rent-seeking action” that is the opening scene of Shakespeare’s Henry V. As I write this column, the war drums are beating and the sabers are
Reprinted from Mises.org Ed. Note – This selection is from Justin Raimondo’s 1995 introduction to Rothbard’s monograph Wall Street, Banks, and American Foreign Policy, in which Rothbard further develops libertarian class analysis in an examination of how “big business” and other