Brief History of Capitalism

A short explanation on how the capitalist economic system came to be, and how it evolved in its early stages. [By Andrew Joseph Riesberg]

A Defense of Walmart

Walmart, while not perfect, deserves, from a utilitarian perspective, a three for good ethical standards and especially its benefits towards society. When evaluating Walmart, we should evaluate it by how much good it does. Jeremy Bentham laid out the standard we should use, “the greatest happiness of the greatest number . . . ”. While […]

Libertarian (and Conservative) Lunacy

The debate over net neutrality has caused a split in the American right. Significant portions of our side have defected to the side of Bernie Sanders and Elizabeth Warren. Reason Magazine editor, Robby Soave summarized the two sides well on Twitter, “arguments against [net neutrality] are usually well-reasoned and moderate. Arguments for it are consistently […]

Justice Dept. sues to stop AT&T’s $85B Time Warner deal

The Justice Department is suing to stop AT&T’s $85 billion purchase of Time Warner, setting the stage for an epic legal battle with the telecom giant.

Venezuela Defaults

What once was hailed as a beacon for socialism is now moving one step closer to bankruptcy

Trumps Trade Team Failed Basic Economics

Commerce Secretary Wilbur Ross recently said We don’t think it’s inherent in a global trading system that one country, namely the U.S., absorbs in its deficit the cumulative trade surplus of the entire rest of the world The United States does have the largest trade deficit in the world but it also has one of […]

When Flying to Another Country to buy an iPhone is Cheaper

Kirchnerean protectionism is hurting the Argentinean nation.

America’s Regulatory Problem Explained in One Graph

As the new administration cuts down on excessive regulations, it’s important to note that these are just small steps to larger problem with the country’s bureaucracy. A report released by the Mercatus Center found that it would take 3 years, 177 days, and 10 hours to read through all of America’s federal regulations. The US Code of […]

Bitcoin: Evolving beyond the Keynesian era

At the time of writing, our economies are dominated by a Keynesian approach to governing and tweaking the system. After the great depression and the deflationary environment that resulted from it, the governments shifted from a classical economics system, to one where intervention was the main focus rather than letting the market decide freely. By […]

Will This App Revolutionize Commerce?

This e-commerce software wants you to buy and sell goods with Bitcoin.