The medical profession has long employed the state to pad doctor salaries and influence. Before the Flexner Report, mechanics made more than doctors and the brightest students avoided the profession to enter the clergy.

The political machines that run America's cities are likely to keep running them when these protests and riots end. Taxpayers will be worse off, but politicians will be even more powerful.

How do creative entrepreneurs design and build new businesses, new products, and new services that grow and succeed? You’ll make a big difference for your own venture if you follow Per Bylund’s advice to Think Better and Think Austrian.

Mises knew: “Mass unemployment destroys the moral foundations of the social order. The young people…forced to remain idle, are the ferment out of which the most radical political movements are formed."

Who has the best claim to government property?

George W. Bush has resurfaced to pander to the Left and the media in hopes of getting some attention. Apparently, Bush's brutal history of lies, wars, and torture is all fine now since he said some nice things condemning racism.

June 5 marks the one hundredth anniversary of the Jones Act, a law passed to protect the domestic water transportation industry from outside competition.

Why economics abandoned the analysis of human action in favor of Keynes-inspired math-centered economics.

GDP can be increased through both government spending and printing new money. So, naturally, once lockdowns end we'll see a big rebound in GDP. But that doesn't tell us if the private sector is actually better off.

Not all (or even most) police are needlessly violent. But it is rational to conclude, upon seeing a person in a police uniform, that this person can—if he wishes to—abuse his power with near impunity.