The commencement speech someone needs to give
Instead of the usual claptrap that characterizes most graduation speeches, someone needs to give a speech
The Absurdity of Intellectual Property Laws
While protecting “intellectual property” has a good sound to it — even among libertarians — such
The Trump assassination attempt exposes the establishment’s deceitfulness
The Washington political establishment's uniform condemnation of the assassination attempt against Donald Trump does not square
The Limitations of Economic Laws
Economic laws represent the real world. They are not ideologies or objects of worship. These laws
Government regulation of competitive firms creates monopolies
Economic mythology said governments must regulate markets to prevent monopolies. In reality, it is the government
Fear is the mind killer: America’s dangerous obsession with ‘safety’
Commonsense safety measures are being replaced in our working culture by an impossible “no risk” standard.
How Economists Evaluate Tariffs Versus Income Taxes
Prompted by a listener request, Bob gives the standard economic analysis of tariffs and other types
How capitalism defeats racism
By appealing to the self-interest of buyers and sellers, capitalism foils attempts by lawmakers to create
Inequality is caused by inflation
Paul Krugman once claimed that inflation was necessary for relative income equality. The truth is that
Inverted, Recessed, and Hung Out to Dry
The great train wreck seems to be happening. Mark Thornton shares his latest guesses and outlook.