How Capitalism Enriches The Working Class

by Thomas DiLorenzo.       In the early days of capitalism there was a mass exodus from farm to factory.   No one forced the masses to work in factories; they did so because factory work  was better and more profitable than the alternative – sixteen hours a day of backbreaking farm labor for less money.  Or begging, prostitution, crime, and    ... MORE

VIDEO: Rand Paul's Fair And Flat Tax

The Case For Allowing U.S. Crude Oil Exports

by Blake Clayton.     Federal lawmakers should overturn the ban on exporting crude oil produced in the United States. As recently as half a decade ago, oil companies had no interest in exporting U.S. crude oil, but that has changed. Oil production has grown more in the United States over the past five years than anywhere else in the world, even as     ... MORE

Walter E Williams: The Ticket To Proserity

Private property rights, contracts, personal freedom ... Gaza is home to Palestinian people, who have suffered injustices and have a history of legitimate grievances against both Israel and Arab governments. If there's one immutable fact of life, it is that history cannot be changed or controlled. What can be changed and controlled is the future. ... MORE

VIDEO: John Stossel - Students For Liberty

John Stossel: Gentrify!

There goes the hood. No matter what you do, modern liberals will tell you you're wrong. For decades, liberals complained that American society is segregated because rich, white people don't want to live in ethnically mixed neighborhoods. Sometimes, liberals had a point. From the 1930s to 1960s, as rich white people moved into New York City, urban   ... MORE

VIDEO: Johann Norberg: Economic Freedom In Chile

Leftists Priority: Raising Revenue Or Punishing Success?

by Daniel J. Mitchell.     On the issue of so-called progressive taxation, our left-wing friends have conflicting goals.  Some of them want to maximize tax revenue in order to finance ever-bigger government.  But others are much more motivated by a desire to punish success.  They want high tax rates on the “rich” even if the government collects less  ... MORE

Science 2.0: Educated, White Collar People Disavow Collectivism, Embrace Individualism Over Time

More education leads to individualism. Not a recent phenomenon. The American century was the result of a can-do attitude born in the 19th century. As prosperity began to increase, collectives, such as unions, became the norm, and they were endorsed by many educated elites - but they were still promoting individualism in doing so. That     ... MORE

VIDEO: The Broken Window Fallacy

VIDEO: Johan Norberg - Economic Liberty In Zambia

VIDEO: John Stossel - Economic Delusions

Wendy McElroy: The Brain Drain, Gain and Retain

On incentives, freedom and prosperity.       America is making emigration more difficult and expensive. Last year, for example, the cost of renouncing U.S. citizenship rose by over 400% from $450 to $2,350. Those who take the far more common step of simply and quietly leaving still remain vulnerable to a massive tax system that reaches      ... MORE

VIDEO: John Stossel: Property And Prosperity

Study Shows Texas Has Most Economic Freedom

by Kristin Tate.    The Lone Star State is the most economically free state in the nation, according to a new report released by the Fraser Institute. The ranking took into account the size of government, taxes, red tape, and labor market freedom. The study said, "When the government taxes one person in order to give money to another, ... MORE

We're Number 2! China Tops America As Largest Economy

by Brett Arends.    Another dividend of hope and change. Hang on to your hats, America. And throw away that big, fat styrofoam finger while you’re about it. There’s no easy way to say this, so I’ll just say it: We’re no longer No. 1. Today, we’re No. 2. Yes, it’s official. The Chinese economy just overtook the United States economy to become   ... MORE

Democracy Is Neither Freedom Nor Prosperity

by Jacob Hornberger.    Consider this excerpt from a New York Times article on the recent success that Tunisia has had in adopting a democratic system: Many young Tunisians say that the new freedoms and elections have done little to improve the daily life, create jobs, or rein in a brutal police force that many here still refer to as “the ruler,    ... MORE

New Hampshire: A Hotbed for Liberty

by Shem Kellogg.       The United States was once a constitutional republic, and today New Hampshire is on the forefront in the battle to return the U.S. to its original principles of state sovereignty, limited federal government and individual liberty. The year Thomas Jefferson was elected President, eleven out of sixteen states didn’t have     ... MORE

Map: How Much $100 Is Really Worth In Every State

by Niraj Chokshi.    Not all Benjamins are created equal. For the first time ever, the federal government this year introduced a data series that compares price differences among states and metropolitan areas. Those estimates — regional price parities and real personal income — offer something simple and immensely useful for anyone considering   ... MORE

The Typical Household, Now Worth a Third Less

by Anna Bernasek.      Economic inequality in the United States has been receiving a lot of attention. But it’s not merely an issue of the rich getting richer. The typical American household has been getting poorer, too. The inflation-adjusted net worth for the typical household was $87,992 in 2003. Ten years later, it was only $56,335, or a 36 %    ... MORE