Smith’s work explored how markets enable strangers to cooperate for mutual benefit—and his insights help us understand the workings of the modern, hyper-connected world.
What are externalities, in the economic sense of the word? In what ways can they be addressed?
We must overcome our political-cultural group affinities if we wish to see things as they are: the problem isn’t ultimately who controls the state, but the state itself.
Disney’s recasting of redheaded characters with black actors makes historical and artistic sense.
The quartering of soldiers on private property was a real, pressing threat to liberty when the Bill of Rights was drafted.
Donald Trump is more similar to King George III than many care to admit, but we should.
Independence Day is a celebration of America, yes, but it’s also a day to rededicate ourselves to critiquing the job we’re doing at living up to our own mission statement.
What is postmodernism, really? And how does it relate to libertarian thought?
The United States is not the only country arguing over free speech. In Brazil, recent developments have also put free speech in jeopardy.
Libertarianism is, fundamentally, an other-regarding philosophy that emphasizes our obligations to refrain from dominating others and from imposing our vision of the good life on them.
In The Road to Serfdom F. A. Hayek warned that allowing the government the powers needed to enact a welfare state risked undermining political liberty.
As we continue to uncover more about the ancient African world, Anoba will highlight figures who had a profound impact on early Africa’s development.
American was founded upon the immodest proposition that the best response to bad speech is more speech. It is a fundamentally democratic proposition, one that is as appropriate for the digital age as it was for the 1780s.
Beveridge targeted “five giants”; want, disease, ignorance, squalor, and idleness, all needed solutions from the welfare state.
How did F. A. Hayek’s The Road to Serfdom and Sir William Beveridge’s Social Insurance and Allied Services shape the politics of the welfare state in the United States and the United Kingdom?
Continuing his review of Gray’s Seven Types of Atheism, Smith explains how Gray greatly exaggerates Nietzsche’s influence on Rand, and he criticizes Gray’s misstatements about Rand’s notion of sacrifice.
The major difference between macroeconomics and microeconomics is actually their respective methods, not their subject matters.
John Gray’s discussion of Objectivism in Seven Types of Atheism, which is egregiously and inexcusably bad, relies on portraying Ayn Rand as a cult leader.