Politics
Long before there was Alan Greenspan to turn the Federal Reserve into Casino Central, there was John Law, France’s minister of finance more than...
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Murray Rothbard wrote that egalitarianism is a “revolt against nature.” Progressives claim that inequality harms society and is morally unacceptable, but in reality, it...
Mainstream economists today examine economic phenomena from a “black box” perspective in which they look at inputs and outputs without trying to understand causal...
Long before there was Alan Greenspan to turn the Federal Reserve into Casino Central, there was John Law, France’s minister of finance more than...
Thanks to increasingly broad car-seat laws, a third child often requires the purchase of a larger, more expensive vehicle. At the margins, this has...
Regulators with the European Union want people to believe that the “dead hand” of government regulation actually enhances competition. The only thing their actions...
When people speak of “old school economics,” they generally mean the application of economic thinking that involves what we might call “common sense.” That...
While F.A. Hayek contributed much to the Austrian School of Economics, he also supported the establishment of the welfare state, believing that it was...
No interventionist government or central bank wants lower prices because inflation allows the government to increase its power while slowly breaching its monetary commitments.
Republicans today are decrying the “lawfare” that Democrats are using against them, and rightly so. However, had Republicans not vastly expanded federal criminal law...
Republicans today are decrying the “lawfare” that Democrats are using against them, and rightly so. However, had Republicans not vastly expanded federal criminal law...
In this review of Scott Horton’s new book, Enough Already, we see that the wars the US has raged for the past quarter century...
Does bad money drive out good money? Mark Thornton discusses one of the most impactful principles of modern society.