Nowadays Americans collectively spend more than 6 billion hours each year filling out tax forms, keeping records, and learning new tax rules according to the Office of Management and Budget. Complying with the byzantine U.S. tax code is estimated to cost the American economy hundreds of billions of dollars annually – time and money that could otherwise be used for more productive activities like entrepreneurship and investment, or just more family and leisure time.
I attempt to demonstrate that the Mengerian-Misesian tradition offers unique insights into the logic of communicative rationality by emphasizing and exploring its indispensable associations with the logic of action.
Jan Koum had a rough upbringing. At 16, he immigrated from Europe to the United States with his mother and grandmother, who were fleeing political unrest and religious persecution. Jan’s mother got a job as a babysitter in California while Jan went to school and worked at a grocery store cleaning floors. His father planned…
This is my 100th article for FEE.org, so here are 100 reasons to homeschool your kids!
It shouldn’t come as a surprise that most of the organizations I highlight in Unschooled are independently run. Disruptive innovation may originate with individual ingenuity, but it is fueled by consumer demand and value creation within the private sector.
Hysteria and paranoia aside, what’s wrong with the book? Salam engages in extreme reverse engineering, where even the most favorable facts about immigration somehow become extra reasons to oppose it.
Regardless of how you may feel about climate activism, the key message to parents is that school can be stifling and anxiety-inducing for many teenagers who crave and need meaningful work. Adolescents are meant to come of age within the adult world, surrounded by a diverse group of mentors and engaged in authentic, real-life pursuits. This gives them both experience and personal reward.
This episode features a lecture by economics professor Patrick Newman from 2018 on the United States’ Progressive Era and the rise of political entrepreneurship, or crony capitalism.
This might all seem completely ordinary to you, but bear in mind that I am able to enjoy these culinary delights even though I live at the ends of the Earth, at the far reaches of the Mexican state of Quintana Roo. For Lucio’s making it possible for me to live here so well, I feel much indebted to him.
Imagine going straight from being on vacation to starting up a complex refugee rescue mission under the nose of the Nazis – with no prior experience and no preparation. That was 29 year-old stock broker Nicholas Winton’s entrepreneurial story.