According to mainstream economists, the question of whether increasing the minimum wage also increases unemployment is empirical. However, the logic of economic analysis says otherwise.

In his new book Abundance, Generosity, and the State: An Inquiry into Economic Principles, Guido Hülsmann explains how mutual economic exchanges create gratuitous benefits. As David Gordon notes, Hülsmann’s insight is an important addition to economic understanding.

Bob was invited to Oklahoma State, where he made the case, from scratch, for a voluntary society with privately provided legal and defense services.

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Government parking policies create unnecessary shortages. Privatizing public parking not only would enable more efficient solutions, but also would make the system more fair.

Contrary to what we're told by the regime's cheerleaders, America's proxy wars are very costly for Americans in terms of both wealth and freedom.