The average square footage in new single-family houses has been declining since 2015. House sizes tend to fall just during recessionary periods. It happened from 2008 to 2009, from 2001 to 2002, and from 1990 to 1991. But even with strong economic-growth numbers well...
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An energy policy that bans investment in some technologies based on ideological views and ignores security of supply is doomed to a strepitous failure. The energy crisis in the European Union was not created by market failures or lack of alternatives. It was created...
https://youtu.be/K5FagNGtif8 “My case for pacifism, to recap, comes down to three simple premises. The first two are empirical: Premise #1: The short-run costs of war are clearly awful. [Empirical claim about immediate effects of war]. Premise #2: The long-run...
My article "Complete Liberalism" prompted an unexpected challenge. An interlocutor, who says he owns a business and thus is not antibusiness, claimed that my article suggested that, unlike government regulators, businesses never get things wrong. Yet business failures...
According to the establishment survey of employment, released last week by the Bureau of Labor Statistics, total employment increased, month-over-month by 263,000 jobs. The "job market stays strong" reads one CNBC headline, and the new jobs print was hailed as a great...
The architect Frank Lloyd Wright played an important role in the design of this beautiful desert resort. I’m sure I’m not the only person here tonight who was introduced to his work through reading Ayn Rand. His touches are plainly visible in the stonework, wooden...
Five important criticisms are made of Ludwig von Mises in the recent Jacobin article titled, Ludwig von Mises Was a Free Market Ideologue, Not a Hardheaded Thinker. Mises was an ideologue Mises supported workers "bowing" to capitalist masters Lack of support for...
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