If a pure free market has peace, prosperity, and harmony, then the absence of these today must have its cause in government intervention

The bear will devour us with falling stock markets, folks losing their homes, loans in default, business shut downs, and job losses

Precise understanding requires precise terminology and clear meaning

Because few speculators and investors understand the real-estate cycle and its relation to the business cycle, they have great uncertainty about where the economy is headed

In 1978, the voters of California approved Proposition 13, which cut the real property tax, but failed to constrain the growth of government, and increased tax burdens

If the land owner is willing to pay to others their due, then he should be supreme on his land

If the minimum wage is beneficial, logic tells us that minima will benefit us in all these other areas also

Anywhere government officials see money flowing, they have a compulsion to tax it. Their motto is, “tax anything that moves.”

In the US, the Minerals Management Service has been lax in tapping the oil rent

Corn adds value to agriculture, but who benefits from the higher price of corn?

There are already recessions in two key industries, residential real estate and automobile manufacturing

To those who seek freedom, Milton Friedman will always be a hero and a major thinker on par with other giants such as Ludwig von Mises and Henry George

This is a good year to be a student of economics, because it is easy to calculate per-capita figures

Austrian school analysis shows that any interference or control of money by a central bank or government agency will distort the interest rate and cause economic waste

The discovery of physical dark matter has gotten wide attention. Unfortunately, the discovery of economic dark matter has still not penetrated into mainstream economics

Land-value commission have the same benefit as land-value public finance in saving interest payments, as the borrower pays the land-value charge rather than mortgage interest

With increased autonomy and now independence, the government of Montenegro has enacted a policy of the privatization of the previously socialist economy

Very few economists realize that the pure free market has its own natural minimum wage

As of April 12, 2006, the state enacted a law requiring every resident to have medical insurance by July 1, 2007

To have a maximally prosperous economy and eliminate depressions, we also need to attend to money and banking