For some time now, I’ve had an item for sale online. It’s an antique tractor seat, forged about a century ago in nearby Hoosick, New York, and various collectors prize these particular kind – though they generally don’t fetch much at market. Mine’s priced well above the going rate, and that’s quite deliberate: If someone wants it badly enough, and is willing to pay extra, I’ll part with it.
In 1943, as collectivist policies were ascendant, an extraordinary thing happened. Three women published three books that year that would jolt Americans from their socialist stupor and remind them of the fundamental American values of individual liberty, limited government, free-market capitalism, and entrepreneurship. This Women’s History Month is an ideal time to reflect on how Rose Wilder Lane, Isabel Paterson, and Ayn Rand helped to catalyze the 20th century libertarian movement.
According to a 2016 study by University of Miami economics professor Austin Smith, “springing forward” results in an average of 30 excess auto accident deaths, at a “social cost” of $275 million, each year. So, why do we do it? Well, because the government says we should.
Teenagers are often unfairly stereotyped as idle and frivolous. But, the teenage years can be an incredible time of ingenuity, entrepreneurship, and resourcefulness—especially when teens have the freedom and encouragement to collaborate and innovate.
This episode features a talk by libertarian activist and organizer Samuel Edward Konkin III (SEK3) from 1975. He discusses the strategy of counter-economics in achieving a free society.
This episode features a lecture by philosopher Roderick Long from 2007. Professor Long explores praxeology, the study of human action, and how it relates to economics and the Austrian School.
Attacks on extremism are merely attacks on non-conformity. It is a tactic of peer pressure and intimidation.
This episode features an audio essay written by economics professor and Austro-libertarian Walter Block from 1976, and which comprises Chapter 20 of Defending the Undefendable.
As data on the unintended consequences of pandemic policy becomes gloomier, policy makers are beginning to acknowledge tradeoffs.
This episode features a lecture by economics and law professor Peter Leeson from 2016. Leeson uses rational choice theory to explore the benefits of self-governance. Relying on experience from the past and present, Professor Leeson provides evidence of anarchy ‘working’ where it is least expected to do so and explains how this is possible. Provocatively, Leeson argues that in some cases anarchy may even outperform government as a system of social organization, and demonstrates where this may occur.