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World HistoryHistory of the Austrian School of Economics
The real founders of economic science actually wrote hundreds of years before Adam Smith.
Global EconomyWorld History
China's new "Silk Road" for international trade is an important component in the regime's larger geopolitical strategy.
Peasants in pre-industrial societies often worked fewer hours than modern-day workers. They also had a shockingly low standard of living.
Labor and WagesLegal SystemWorld History
The real economic discovery of civilization was the free market.
Big GovernmentCronyism and CorporatismWorld History
How prevalent has political corruption been over recorded history—and how did it originate?
World HistoryPolitical Theory
There's no reason to believe choosing representatives through a lottery system or "by chance" is worse than what we have now.
The medical establishment has done its best to crush market-oriented strategies to make healthcare more affordable.
The Soviet economy was such a mess that regular infusions of new technology and capital from the West were necessary to avoid total economic meltdown.
Germany's Augsburg played a key role in the rise of the modern marketplace in Europe.
Legal SystemWorld History
Despite harsh penalties for drug dealers, China's numbers on drug use are not significantly different from those in the US.