Yes, We Should Defend the Term “Capitalism”
Many proponents of free markets have tried to cast aside the name “capitalism” as a descriptor of the market system. They should
Many proponents of free markets have tried to cast aside the name “capitalism” as a descriptor of the market system. They should
This year's presidential election is presented in stark terms of right and left, Trump on the right and Harris on the left.
The political zeitgeist is to embrace protectionism, leading some who support free trade to embrace open borders. However, as Murray Rothbard explained,
One of the myths of Keynesian theory is that through monetary injections and government purchases, an economy can spend itself into prosperity.
The concept of economic calculation is vitally important to understanding our modern economy, yet few people— and especially economists—fail to comprehend that
As real wages decline and middle-class savings are depleted, the government expands its influence, garnering support from a substantial portion of the
The only critical thinking in modern academia that stands out, is criticisms of capitalism—real and imagined.