I suggest April 25 as Cowperthwaite Day, to be observed on every continent by men and women who revere the blessings of a free economy and the courage of those who work to put it in practice.The World Is Bigger than You Think
"Natural" resources are not fixed because resources are not found in nature – they are created by the human mind.7 Habits of Highly Effective Libertarians
The cause of liberty is worth our lifelong efforts.How Does Paris Get Fed?
Frédéric Bastiat, the great 19th-century economic journalist, famously asked, "How does Paris get fed?" In a nutshell, I think that's the central question of economics.Picking Piketty Apart
The theory and data behind Capital in the Twenty-First Century are steadily being picked apart.#50 – “Greedy Capitalists Take Advantage of People in Natural Disasters; Price Controls Are the Answer”
Donald Boudreaux Mar 27
The interpretation of post-disaster price hikes as "price gouging" is as unfortunate as it is mistaken.The Silk Road Back to Leviathan?
In evaluating stateless experiments like Silk Road, we have to ask, "As compared with what?" Certainly not an ideal. Try comparing Ross Ulbricht with Richard Nixon in Indochina.Trading with “The Other”
Imagine our shock when we learned that the landlord didn't want to rent to us because of our race.Oil Boom and Government Glut
Markets contain sophisticated mechanisms for rewarding long-term stewardship; democratic political institutions encourage extremely short-term thinking.