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The success of fantasy sports is an illustration of how capitalism unleashes innovation, and how government can manage to ruin anything it touches.
Government schemes are powerless in gauging where comparative advantage lies, whether we are talking about trade or sports.
In a free-market healthcare system, doctors would join together to form large firms to offer the benefits of specialization and economies of scale.
Writing for Entrepreneur, Per Bylund offers three arguments for why innovation skeptics are wrong.
I've said many times that the best way government can promote entrepreneurship is to get out of the way.
Peter Klein examines the role and work of Austrian scholars like Mises, Kirzner, Hayek, and others in explaining how entrepreneurship works.
Rising income inequality and concentration of resources into fewer large firms are not a problem for marginal-pricing theory.
The advent of health insurance and regulated health care brought a new era of rampant health care inflation.
Encouraging entrepreneurship — not public accommodation — is the key to making more products and services available to everyone.
EntrepreneurshipMoney and Banking
Lucky for Americans in need, Wal-Mart is there to provide the services that government will never be able to do well.