May 2024 ISSUE

Is China Winning? Rethinking Perceptions of Success in Central Planning

By Ryan Yonk and Ethan Yang

The contrast often presented between America and China is one where Beijing is a highly competent, well-oiled autocracy while the United States is a political circus held back by partisan drama. On the surface, and especially with recent news headlines, this may seem tr...

California Dreaming: The Effects of California’s “Fast Food” Minimum Wage

By Richard B. McKenzie

On April 1 of this year, California fast-food restaurant chains with sixty or more national locations (for example, McDonalds and Chipotle, but not Bill's Burgers or Dick Church's Diner or other off-brand restaurants in the state without national locations) were require...

Using Reason to Understand the Abuse and Decline of Reason

By Rosolino Candela

A Liberty Classics Book Review of Studies on the Abuse and Decline of Reason: Text and Documents, by F.A. Hayek (edited by Bruce Caldwell). 1 According to F.A. Hayek, what are the theoretical and historical reasons for the tragedies of socialism that emerged ...

Mir McLuhanism

By Arnold Kling

... digital media not only enhance information exchange and render offline life obsolete—they also reverse literacy and retrieve orality. ... This book is about orality, which once was obsolesced by writing, and about literacy, which is now becoming obsoles...

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