The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery ...

The Perfect Market Hypothesis claims that all movements in the market can be considered as random, as market players and ...

The US federal government is the nation's largest landlord and still owns 28 percent of the land in the US. The time has come ...

There is good evidence that the Skyscraper Curse is dead. But what does that mean? Mark Thornton digs down to the foundations to see what the ramifications are. It could mean historical changes are in ...

Marx built his infamous Labor Theory of Value on the premise that labor itself was a commodity. However, as Mises and other ...

What Murray Rothbard used to call the "Old Right" stood for liberty, freedom of speech, and a free economy. Most importantly, ...

One of the central tenets of Marxism is the labor theory of value, which states that the value of a commodity is determined ...

The Salamanca School is known for important contributions to free-market economics and the Austrian School. The Bolognese ...

When our ruling classes speak of “believing in democracy,” they are speaking of a romantic version of a form of governance ...

It is understood that Marx's theories stand entirely upon his Labor Theory of Value. If that theory is discredited, so is the ...

The rise of the nuclear family in Western Europe fostered the creation of private and independent "corporations" that limited ...