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The “bottom 99%” aren’t losing to markets: they’re losing to the Cantillon effect.

The “bottom 99%” aren’t losing to markets: they’re losing to the Cantillon effect.

The purpose of medical licensing is not to protect consumers but the financial interests of privileged trade organizations allied with Big Pharma.

Modern academic historians have been captured by the cultural Marxists, no matter how much they deny the obvious truth.

“77 percent of [Republicans] support the war, on average. But that’s exactly what we’d expect for almost any Trump policy.”

In commemoration of Murray Rothbard’s 100th birthday, Bob shares five “greatest hits” from Rothbard’s economics, covering deficits vs. inflation, monopoly theory, excess capacity, the time structure of production, and his…

When someone argues in favor of state control of economic processes, they are, by definition, presenting an argument based upon the ad baculum fallacy, the “appeal to force.”

The radical classical liberals of the past were not so naive as to think that words on paper would prevent the abuses of the central state. Allowing the central state…

“Wright’s use of the word “unlikely” was a veiled concession that a spike to $200 was possible, though he repeated that the price jump would be weeks not months.”

Is the state necessary? In this week’s Friday Philosophy, Dr. David Gordon follows Aeon J. Skoble’s argument that we can do without the state and finds there is much to…