Economics

deadweight loss

Deadweight Loss: The Hidden Tax

"Deadweight loss occurs when something intervenes in the market and shifts the equilibrium price. Price ceilings, price floors, tariffs, and other externalities can create these pockets."
uber

Health Care Needs An Uber Revolution

"The current state of medicine in the US is depressing. Medical cartels rule and the people suffer as a result. Instead, I would like to transform the system so that all of the patients in the United States are treated like I was on that Time Square street. Where I was able to ride in a limo for the price of an UberX."
ubi

The Future of Universal Basic Income (UBI) Explored

"What I see happening is that unless newer fields emerge that are of interest to people (since this scenario has enough base costs covered to not really need to work), and assuming this somehow doesn’t turn into some form of Star Trek socialism, I believe that we’ll move from a service economy into more of an entertainment economy."

Why Bitcoin Hodlers Shouldn’t Care About Facebook Coin

Peter Schiff took to twitter the other day to blast Bitcoin yet again. This is hardly new for the Gold Evangelist, as Schiff has...
valve

Valve Vs. Epic Games: When Tech Giants Fight

"Either way, its good to finally see some big moves towards some actual competition for Valve and their Steam storefront. They've been becoming stagnant in recent years by allowing very poor quality games into their store as well as dragging their feet by developing a much-needed interface update for their storefront." Writes Malcolm Ault.
Stock Market

Dominos Tipping Toward Financial Crisis

"Yes, the stock market is going up now... just like it did right before the 2007 market crash. And by March 2009 it had lost 54% of that value. History is repeating itself."
marijuana

Want to Secure the Border? Legalize Marijuana

By now, we’re sure you’ve heard some type of amazing, almost too good to be a true story about marijuana transforming someone’s life. The...
libertarian, libertarians, NAP, history, responsibility, collectivism, austrian

10 Things Libertarians Need To Change Part 8: Reading Non Austrian Economists

The Austrian schools of economists, which include H. L. Mencken, Ludwig Von Mises, Freidrich A. Hayek, Henry Hazlitt, and Murray Rothbard, is a group...
Banks

Deregulating The Banks: What Libertarians and Socialists Can Support

"One issue that both the Misesian and Proudhonian varieties can use to promote freedom is the deregulation of the banking industry."
steel

Steel Economics: You Don’t Want Everything Made In The USA

I continue to see a lot of people all over the internet say that we need to "bring these jobs back from China, and...

Latest articles

American

For years talking heads, political scientists, and that weird neighbor that collects a lot of military surpluses have been loudly talking about a coming...
Greta Thunberg

The Ideology of the Mob

For weeks now, violent riots have overtaken American cities across the country. Hundreds of millions of dollars in property damage has already been done,...
Jay's Execution

Where Do We Go From Here?

Unless you’ve been living under a rock for the last four years, you might have noticed that the United States has been experiencing more...