The proper name for “government stimulus” is: “capital destruction.” It’s the unreplaced using up of the factors of production.
To celebrate Randsday, you do something not done on any other holiday: you give yourself a present.
The path to genetic cures and radical life extension begins with the abolition of that Servant of Death: the FDA.
In economics Hayek is a radical; but in philosophy, unlike Ayn Rand, Hayek is a conservative.
A patriotic American acts as a capitalist and an individualist: he buys the best, wherever it may be found.
Ayn Rand publicly recommended the works of Mises but not of Hayek. Today, when Hayek is much better known than Mises, it's worth seeing why. I came to the full realization of what's wrong with Hayek's approach while re-reading Atlas Shrugged. No, not in Galt's speech,...
There will be no real and lasting political-economic improvement until the metaphysical, epistemological, and moral principles underlying capitalism are firmly grasped and understood in a first-handed way by at least a sizable minority of the intellectuals.
How do people’s ideas on morality affect their economics?
To celebrate Randsday, you do something not done on any other holiday: you give yourself a present. Randsday is for getting that longed-for luxury you ordinarily would not buy for yourself.
If immigration laws are, as I hold, violations of individual rights, it is up to the courts, not the President, to determine that.
The blame for the shutdown belongs on those who want to spend beyond all limits.
Obama is the new Baghdad Bob.