Jason Brennan

Most economists believe capitalism is a compromise with selfish human nature. As Adam Smith put it, "It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest." Capitalism works better than socialism, according to this thinking, only because we are not kind and...

What Everyone Needs to KnowWhen CNBC reporter Rick Santelli angrily called for a 'tea party' from the floor of the Chicago Mercantile Exchange in February 2009, the specific target of his wrath was a new government program to help distressed homeowners with crushing mortgages. Yet there was also a more general target: the government's...