Lawmakers once tried to legislate the value of Pi.
Bureaucracy and Regulation
Many urban police departments fail to make arrests in even half of the murder cases in their jurisdictions. Imagine if a private sector policing firm had a similar rate of failure.
Protectionism and Free TradeTaxes and Spending
Thanks to Trump's tariffs, discount stores have to raise prices — thus increasing the cost of living for ordinary Americans.
U.S. HistoryWar and Foreign Policy
The aim is no longer the "dictatorship of the proletariat," because this project has failed. The new goal is "the dictatorship of the intellectuals."
Money and BanksMoney and Banking
The Fed's policies over the past decade have resulted in a rapidly widening wealth and income inequality.
Walter Block has reached an amazing milestone.
The Phillips curve cannot be a basis for a sound theory of what sets in motion price inflation.