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The True Costs of Bad Economists, Explained

Blog4 hours ago

In terms of economics, what currently is should be of very little importance: what matters, and that we should seek to understand, is the process that brought it about and that will create what will be in its place.

stabilize

The Folly of Economic "Stabilization"

Blog01/27/2020

Shortcomings in the government's handling of monetary matters, of credit expansion, and the disastrous consequences of lowering the rate of interest gave birth to the ideas which finally generated the slogan "stabilization."

Pseudo-Psychiatrist "Diagnoses" Trump Supporters with Mental Disorders

Blog01/27/2020

The great libertarian psychiatrist Thomas Szasz warned that health officials could use their "expertise" to push a political agenda. We're now living in that world.

The Medicaid Expansion Cheat

Blog01/27/2020

Proponents of Medicaid expansion pioneered new ways of covering up the true costs of a government program.

After November Surge, Money Supply Growth Slows in December

Blog01/27/2020

During December 2019, year-over-year growth in the money supply was at 5.53 percent. That's down from November's rate of 5.9 percent, but was up from December 2018's rate of 3.90 percent.

Argentina’s "Emergency Law" Just Means More of the Same

Blog01/25/2020

Argentina is only going to prosper when it recognizes that its fiscal and monetary imbalances are not the fault of the citizens and their small businesses, but of the government.

"Surveillance Capitalism": A Summary of Critics

Blog01/25/2020

There's a new kind of capitalism on the scene: "surveillance capitalism." It's drawn attention from across the political spectrum, but Left, Right, and center offer very different solutions to similar concerns. 

Socialism and the Anarchy of Production

01/24/2020The Journal of Libertarian Studies

Why is it impossible for anyone to develop a comprehensive plan of production as a whole? This article explains, applying the conclusion to the experience of the Soviet Union.

Secession in Virginia Would Defuse the State's Conflict over Guns

Blog01/24/2020

If opponents of the current ideological winds blowing in Virginia find themselves in a permanent minority, it may very well be that the only method of defending the minority position is by leaving the state. But "exit" can theoretically be obtained in more than one way.

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