When economic inequality arises naturally in the marketplace, it largely reflects the ability of individuals to serve others; when it arises from political connections, it's unfair and corrupt.
In the new mini-documentary Locked Out, Sean Malone shares the stories of microentrepreneurs fighting against artificial barriers to entry.
Misspent public education funding is a serious problem. But worrying that the profit motive will somehow make this worse ignores the solution--and all of the data.
Which Way Do You Lean on Economic Theory?
Whose approach do you find yourself taking more often, Mises's or Friedman's? Read both quotes and choose the one that aligns with your opinion of what makes for good economics.