Mainstream economists today examine economic phenomena from a “black box” perspective in which they look at inputs and outputs without trying to understand causal mechanisms that make the outcomes possible.

It is ironic that the leaders of the American state are quick to condemn foreign dictators as irrational when their own policies are often irrational themselves.

Murray Rothbard wrote that egalitarianism is a “revolt against nature.” Progressives claim that inequality harms society and is morally unacceptable, but in reality, it is necessary for division of labor, which enables social cooperation.

Although he has presided over numerous economic disasters and people are leaving the state, there are many who will want him for 2028.