Politics
Taxes and spending don’t “balance out.” Mark Thornton channels Rothbard: taxes compound the damage—distorting markets, rewarding the political class, and grinding down real living...
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Kevin T. Frazier With July 4th looming, it’s tragically poetic that the country is again facing the question of how to constrain the exercise...
Alexander Salter and Joshua Hendrickson argue that the Fed’s actual institutional role is to backstop U.S. dollar hegemony.
Unfortunately, the Pope does not understand the role that monetary inflation plays in fueling AI’s excesses. If he did, he might lead a necessary...
Taxes and spending don’t “balance out.” Mark Thornton channels Rothbard: taxes compound the damage—distorting markets, rewarding the political class, and grinding down real living...
As Hayek noted, civilizations do not arise from political decrees, nor are they the simple product of culture. The costs of transacting exchanges also...
As economic uncertainty grows, the authorities turn to their only “solution”: increase sovereign debt and ratchet up inflation.