When politicians claim they are “creating jobs,” they usually mean hiring people for tax-funded government employment. Jobs in private enterprise, however, help to create real wealth and contribute to economic growth and higher living standards.

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When politicians claim they are “creating jobs,” they usually mean hiring people for tax-funded government employment. Jobs in private enterprise, however, help to create real wealth and contribute to economic growth and higher living standards.
Swaminathan S. Anklesaria Aiyar India and Pakistan are in danger of starting another armed conflict. India may attack Pakistan after accusing its neighbor of...
Michael F. Cannon, Krit Chanwong, and Dominik Lett Medicaid subsidizes medical care for low-income individuals and long-term care for many not-so-low-income individuals. After Social...
Why do cultures degenerate? Robin Hanson cites biological factors, but Mises and the Austrians point directly to purposeful choices.