When firms raise prices, “gouging” their customers, many governments complain. Some cannot resist intervening. But in today’s China, the opposite is happening. In May the state reprimanded carmakers not for raising prices, but for cutting them. “There are no winners in this price war,” it said, blithely ignoring the happy customers who can now buy a zippy electric car for less than $8,000.
For a New Liberty was explicitly conceived to fulfill the role of a manifesto, as indicated by its subtitle, The...
This essay applies Rothbard’s theory of property rights, as articulated in For a New Liberty, to the technological conditions of...
The War Powers Act of 1973, also known as the War Powers Resolution, was passed by Congress to reassert its...
QUESTION: Is it true that the Shia of Iran consider women to be animals? Should we not destroy that government?...
Netanyahu has made this same pitch to every president for the past 47 years. He is consumed by hatred, no...
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 1,028.79 points or 1.84% to...
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