While some people are increasingly concerned about (and others cheer) the political implications of censorship on social media platforms like Facebook and Twitter, few have engaged in any analysis of how things reached this point and why social media companies seem

A rapidly advancing strand of theory has enabled great advances in the understanding of complex adaptive systems. Austrian economics is quintessential complexity theory; Austrians recognize that economic systems exhibit emergent outcomes as a result of the myriad interactions of consumers

One point to make here is that there is over 70 percent more submerged land in the US than the total amount of dry land in this country. That is, the federal government owns more submerged land than the total

Local zoning is not likely to garner much national attention, and in an ideal world, this is the way it should be. However, with state governments taking aim at local zoning restrictions, the issue has taken on greater importance. In

Any discussion of “stakeholder capitalism” must begin by noting a paradox: like “neoliberalism,” its nemesis, “stakeholder capitalism” does not exist as such. There is no such economic system as “stakeholder capitalism,” just as there is no such economic system as

Our guest today is Terence Kealey, Professor Emeritus of clinical biochemistry at the University of Buckingham in the United Kingdom, where he served as Vice Chancellor until 2014. He is also a Research Fellow at the Cato Institute. Professor Kealey

Most economists hold that a growing economy requires a growing money stock on the grounds that growth gives rise to a greater demand for money that must be accommodated. Failing to do so, it is maintained, will lead to a

The unbacked paper money system is an economically and socially destructive system—with far-reaching and harmful economic and social consequences beyond what most people would imagine. Fiat money is inflationary; it benefits some at the expense of many others; it causes