Big GovernmentThe Police State
The federal government relies on state and local officials to run its ever-growing surveillance state. This could also be its Achilles heel.
It is instructive to consider what a sensible anti-inflationary legislative program would be like if we could get it.
Money and BanksMonetary TheoryMoney and Banking
Scott Sumner's Market Monetarist framework is seductively simple, but relies on a definitional trick.
War and Foreign Policy
Military spending in 2018 will be one of the biggest years for defense spending ever.
China is growing despite government meddling in the economy, not because of it.
Big GovernmentTaxes and Spending
The true purpose of carbon taxes on gas is to make it artificially expensive to drive.
Philosophy and Methodology
Hunter Lewis presents an important view of morality, derived from Hume, Mises, and Hazlitt.
Global EconomyTaxes and Spending
One of the reasons governments can run up huge deficits so easily is that the politicians — unlike entrepreneurs — can't be held accountable for their bad debts.