Across the country, Girl Scouts are getting real-life lessons in entrepreneurship, financial planning, leadership, and even computer coding.
With the stroke of a pen, President Donald Trump may have just accomplished what most observers thought impossible: he’s made the Petro relevant.
In the ideal world, you invent something wonderful, the world celebrates and starts using it. You get rich. We can dream, can’t we?
The “sweet spot” that facilitates spillover effects occurs with foreign firms with local market focus and highly tangible assets. Although the results are not uniform, this new research shows that far from being detrimental, foreign companies keep local ones on their toes, as locals search for ever better ways to serve customers and piggyback on newly observed strategies.
The kids are being forced into institutions that have proven themselves unable to protect students against violence, and also face no real accountability when they fail to do so. Force is the watchword even without the direct threat of violence from guns and bombs. Why does nearly everyone think this is normal? Because compulsory schooling laws have been part of the living reality of every single living American.
Sell drugs, get the death the penalty—just the latest policy proposal that politicians are desperately scurrying to in their futile attempt to win the Drug War. Simple economics of prohibition illustrates why this plan would be a disaster.
Ten years after the financial crisis that triggered a global economic downturn, many Americans are still struggling to get back on their feet. It's no surprise then that resentment against Wall Street bailouts continues unabashed.
Take a stroll through your local food co-op and you’re likely to find plenty of folks who don’t react so well to the phrase “free market capitalism.” You might get a couple of lectures on social justice, and an earful on the industrialization of global food production and the havoc it wreaks on society. But political tribalism aside, co-ops can be great practitioners of free market capitalism and integral parts of thriving free market economies.
At a minimum, this demonstrated that there was valuable space that could be rented to retail tenants on station mezzanines. These intermediate structures that connect train platforms and station entrances get the foot traffic retailers crave.
Wyoming has a thin population base, astonishing natural beauty, and a wonderful crew of politicians and regulators who believe in independence, innovation, and technological progress. Thanks to some wise activism from knowledgeable people in the space, the legislature just passed a series of bills that will make Wyoming something of a safe space for crypto.
If Trump wants to make America great again, he can start by closing the Ex-Im Bank. America’s success was built by free-market capitalism, not government privilege.
In an attempt to liberate women from historical and cultural oppression, the most vocal activists demand all sorts of privileges and regulations. Research has shown, however, that enacting differential provisions for women in the labor market actually reduces their opportunities and increases discrimination.
The classic story of Peter Rabbit is ultimately a tale about property rights: where they come from, how they are enforced, and the consequences of their violation. Here is the core of what makes the film remake of this story so wonderful. It challenges us to think carefully about the topic, and, as a bonus, offers up a Humean-Misesian view of property (an improvement over John Locke) and its meaning in our lives.
It’s been a beautiful thing to observe the wonderful effects of the tax cuts and deregulation of the last year. The tariffs take us off this clear path to the goal. The only question remains: is this a cul-de-sac or a u-turn? My own hope is that the political posturing is over in this one sector and we can move forward again with progress toward a world of peace, prosperity, and free trade, and that arbitrary rule will not permanently derail the rule of law in international economic relations.
Blockchain entrepreneurs are bound to keep finding ways to offer and eventually replace many government functions. The genie is out of the bottle, and no state, unless it's willing to shut down the entire internet, can put it back.