Governments have so corrupted money that we forget that sound money, by providing both fungibility and privacy, has been a defense against overreaching governments. While sound money is in the interests of citizens, governments have managed to destroy it.
Modern historians depend heavily upon sweeping narratives and their take on the US War of Secession is no exception. Yet, the use of methodological individualism allows one to avoid sweeping judgments like claiming the Confederacy was founded upon belief in white supremacy.
When Cardinal Robert Prevost was named Pope, he took the name of Pope Leo XIV. Leo XIII authored Rerum Novarum, which is the basis for Catholic social teaching and is friendlier to private property and free markets than anything the Vatican has produced since then.
The British complained of unfair competition from goods supplied by the American colonists. So the state intervened to manage trade and make it “fair.” But the American revolutionaries saw protectionism for the scam it was, and still is.
The Declaration of Independence is about radical opposition to state power. The Declaration takes a stand against political vices like unity, loyalty, and centralized power.
When the American Revolution broke out, the American colonies were perhaps the least-taxed place on earth. How did this country move from that position to the colossus it has become today? Joshua Mawhorter provides some sobering July 4 reading to find the answer.
June‘s job growth was hailed in the media as proof of a strong economy. Except there‘s a problem: fully half of these new jobs were government jobs.
The democratic establishment is upset that socialist Zohran Mamdani beat their candidate, Andrew Cuomo, in New York City’s mayoral primary. But the blame for socialism’s rising popularity lies mostly on their own shoulders.
Britain‘s Labour Party won an overwhelming victory at the last election, and Prime Minister Keir Starmer has already following the script of Labour when it was run by communists. Already, a large number of wealthy taxpayers have left the country for lower tax havens.
As housing prices have skyrocketed in Ireland, the government did what governments do all too often: impose rent controls. Such interventions into the housing market have created downstream effects that continue to encourage even more intervention.
