Mark Perry does a great chart that illustrates the relative changes in the nominal prices of a variety of products and services. What is the difference between growing abundance and growing scarcity? In a word, government. Read More ›
Transcontinental flights were once a luxury. Now they are affordable for almost everyone. Free-market entrepreneurial capitalism isn’t about making more luxuries for the wealthy, it’s about making luxuries common for the average person. Read More ›
A short economics lecture from Senior Fellow George Gilder, titled "Why Capitalism Works." In it, Gilder explains the genius of capitalism: that it channels self-interest into altruism. In a free market economy, "Entrepreneurs can only help themselves by helping others." Read More ›
