Scott Lincicome Skeptics routinely mention “cheap t‑shirts” from abroad as an insufficient counterweight to globalization’s supposed costs. This argument, however, misunderstands the modern global economy and the many people here and abroad involved in making even the simplest of products. So, as part of Cato’s Defending Globalization project and
The so-called great minds in economics and finance claim that gold is a “barbarous relic” or a “shiny,” worthless rock. Gold is neither. Despite the steady attacks on its integrity, gold remains a good place to put one's money.
Central to the paradigm of Austrian Economics is the Action Axiom. People act, and they act purposefully. That knowledge alone permits us to construct an entire set of theories that explains economic life.
At the annual meeting of the Property and Freedom Society in Bodrum, Turkey.
Western governments are keen on pursuing “hate crimes” and criminalizing what it calls “hate symbols.” However, these governments reserve to themselves just how one defines “hate,” which is nothing more than an attack upon free speech.