In contrast to the classical cost (labor) theory of value, the so-called marginal revolution ushered in the modern, subjective theory, whereby market price is determined by the marginal utility of a good.

The embargo continues, partly because the Cuba situation has indirectly exposed the corrupt sham of the entire Cold War and the corrupt machinery of the US national security establishment.

Many of the "solutions" peddled by today's experts are more likely to increase wealth inequality than decrease it.

 

Ryan McMaken and Tho Bishop discuss some strategies for lessening the damage democracy can do.

The fact Boris Johnson and Joe Biden are both using the phrase "build back better" is bad news. It's a phrase pioneered by groups twisting the covid-19 pandemic into a pretext for extreme “green” policies.

Trying to stay ahead of the government printing press is the modern citizen’s constant worry.

At best, police data shows four in ten murders in America are never resolved and no suspect is convicted. Lesser crimes have even fewer resolutions. And if we look more closely, things look even worse.

In Brazil, the most effective reforms seem to be accumulating at the state and local levels. There has been real success in pushing back against tax increases and more.

Covid has exposed how easy it is for government to weaponize healthcare. How long will the doctor-patient relationship remain sacred?

Given the overt hostility that progressives have toward private enterprise in the first place, politicians will take shutdown-caused shortages and empty shelves as “proof” that private enterprise has failed.