Voluntary Exchange Sources

President Biden continues to fight to pass some version of his multi-trillion-dollar “Build Back Better” spending agenda through Congress. In its various iterations, the plan includes trillions spent on everything from electric vehicle tax credits and green energy subsidies to taxpayer-funded childcare-for-all to housing subsidies...

Excerpt is from “Economic Calculation in the Socialist Commonwealth” (1920) by Ludwig von Mises. Conclusion It must follow from what we have been able to establish in our previous arguments that the protagonists of a socialist system of production claim preference for it on the...

The cryptocurrency world has continuously grown since the launch of Bitcoin in January 2009. The novel cryptocurrency was initially launched as a payment technology, namely, to make peer-to-peer transactions without the need for a financial intermediary between the parties.1 That the cryptocurrency phenomenon unveiled during...

Two years ago, Lyman Stone of the Institute for Family Studies wrote a long piece in The Atlantic provocatively titled “The Boomers Ruined Everything.” Judging from how often the insult “OK, boomer” is now employed, he might have been onto something.  Stone pointed to four things...

By James Pethokoukis and Michael Strain As the COVID-19 pandemic drags on, millions of Americans are quitting their jobs in a labor market that’s already short on workers. On top of this “Great Resignation,” the labor-force participation rate still hasn’t rebounded to pre-pandemic levels. All the while, supply...

Watch "Cypherpunks Write Code," the complete four-part documentary series produced by Reason about the movement that led to the discovery of bitcoin.------------------Subscribe to our YouTube channel: https://www.youtube.com/ReasonTV?sub_confirmation=1Like us on Facebook: https://ift.tt/1OFng0MFollow us on Twitter: https://twitter.com/reasonReason is the planet's leading source of news, politics, and culture...