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Browsing through history, we can identify several examples of states overcoming the hurdles of geography to achieve great feats. Though the plague of an inhospitable geography is not an insurmountable obstacle to development, it remains crucial to understanding disparities in

Entrepreneurs seek to provide markets with new value through innovation wherever they can identify an opportunity. Their vision is broad enough to include free market institutions such as contracting, where they identify new and better ways to expand the mutuality

What is noteworthy about the depressing title to this article is its source. In a case of uncommon candor, President Biden’s economic team has announced that once the artificially high, stimulus-juiced GDP (gross domestic product) measurements of the next two years subside,

The growth of government during this century has attracted the attention of many scholars interested in explaining that growth and in proposing ways to limit it. As a result of this attention, the public-choice literature has experienced an upsurge in

The following is the first part from an interview between William Yarwood (WY), digital media officer for The Mallard, and Tho Bishop (TB), assistant editor at the Mises Institute. The article has been edited for clarity, originally published at MallardUK.com. WY:

“1/4 of Americans Qualify as Highly ‘Right-Wing Authoritarian’ New Poll Finds,” runs a recent headline from Business Insider. This shocking headline is only one of many similar articles reporting on a recent study. If the headline’s implications are true, this is

Google reported in April that the search question “When is the housing market going to crash?” had spiked 2,450 percent in the past month, according to Diana Olick of CNBC. “Why is the market so hot?” searches had doubled in just

Austrian school economists have long demonstrated that monopolies only tend to form as a result of government intervention, and “natural monopolies” have virtually never actually existed. Nonetheless, we are continually told by political and academic “experts” that unregulated economies inevitably

The libertarian creed emerged from the "classical liberal" movements of the seventeenth and eighteenth centuries in the Western world, specifically, from the English Revolution of the seventeenth century. This radical libertarian movement, even though only partially successful in its birthplace,

In the past few weeks, I have been discussing a number of points in Human Action, and today I propose to concentrate on a fundamental insight that is a main theme of the book. There are, Mises says, only two