The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity costs, which is why American slave…

Politicians have long claimed that states are like big families, and that political regimes rule in ways similar to how parents raise their families. This is nonsense.

Chris Edwards Climate change may increase the frequency of hurricanes that batter coastal regions. In discussing renewable energy and climate change the other day, the Wall Street Journal reported: Sticking…

Erec Smith Much has been made about the post–affirmative action dip in college acceptance rates among black students, especially at elite institutions like the Massachusetts Institute of Technology (MIT), where black…

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Aaron Sobczak of the Quincy Institute for Responsible Statecraft.

Many “mainstream” economists are bothered by the popularity of economically-flawed policy proposals like tariffs and price controls. It’s their own fault.

What does ChatGPT know about money? More than one might think. George Ford Smith asks the AI program some questions about money and gets some surprising answers.

Adam N. Michel and Joshua Loucks About 5 million taxpayers pay, on average, $6 million in penalties each year for spending their retirement savings earlier than the government prescribed. These…

The rise of the Internet of Things (IoT) is reshaping industries worldwide, and building management systems (BMS) are no exception. Traditionally, BMS has been centered on manual operations and isolated…

Governing elites believe that the fiat money system is the height of “sophisticated” finance. In reality, fiat money sucks the life out of the economy like a vampire.