Droughts, Famines, and Markets

Guest post by Steven Horwitz. As I write, many high school students all over the United States, my daughter included, are reading John Steinbeck’s The Grapes of Wrath, with its portrayal of the 1930s Dust Bowl, in preparation for literature courses in the fall. Steinbeck’s fictional account vividly captures the suffering endured by many Americans…

Myth and Truth About Libertarianism

Guest post by Murray Rothbard. Libertarianism is the fastest growing political creed in America today. Before judging and evaluating libertarianism, it is vitally important to find out precisely what that doctrine is, and, more particularly, what it is not. It is especially important to clear up a number of misconceptions about libertarianism that are held…