ECONOMICS

Authored by Wanjiru Njoya via The Mises Institute,

In her essay “Racism,” Ayn Rand argues that racism – which she describes as “the lowest, most crudely primitive form of collectivism” – is incompatible with capitalism and can only be defeated through capitalism. She defines capitalism as “a social system based on the recognition of individual rights, including property rights, in which all property is privately owned.” She explains that a defense of private property and (more…)

Between 2022 and 2023, the five major U.S. sports leagues collectively earned $49.3 billion.

The NFL generated the highest revenue, at $18.7 billion, significantly outpacing both the NBA and MLB, which each brought in $10.9 billion. Although the main sources of league revenues have largely remained unchanged over the last four decades, there are distinct variations in the revenue breakdown of each sport.

This graphic, via Visual Capitalist's Niccolo Conte, breaks down U.S. (more…)

Authored by Jonathan Newman via The Mises Institute,

Mandate for Leadership 2025 is an unofficial blueprint for a potential conservative administration, published by the Heritage Foundation’s Project 2025. Donald Trump has distanced himself from the project, even though many people associated with his first term as president contributed to the document.

It’s billed as “The comprehensive policy guide for a new conservative president, offering specific reforms and (more…)