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The Green Fatal Conceit: Why Physical Science Can’t Tell Us Proper Policy Goals

Blog1 hour ago

The so-called CLEAN Future Act is as poorly designed as its acronym. Like the Green New Deal, it consists of radical new spending proposals that the bill’s supporters would have liked for other reasons, and which aren’t even compatible. 

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Why Governments Hate Secession

Blog02/18/2020

States seek to perpetuate themselves by seizing more control of capital and human beings. Size makes this easier. And every regime would become a mega-state like China or the US if it could.

Freedom and Prosperity in Liechtenstein: A Hoppean Analysis

02/18/2020The Journal of Libertarian Studies

Liechtenstein has long been recognized as one of the most free and prosperous countries in the world. However, there has been little analysis of Liechtenstein’s development because the scant research that existed was in German and therefore inaccessible to most American scholars. Furthermore,...

How Chile's Protesters Get Inequality and Poverty Wrong

Blog02/18/2020

Allowing the market to operate with minimal government intervention has helped Chile become one of the freest and wealthiest countries in South America, especially when compared to its direct neighbors.

Some Problems with Worker Productivity Stats

Blog02/18/2020

Government statistics on worker productivity combine many errors of aggregation such as "average prices" and the total purchasing power of money. So it's unlikely that productivity numbers tell us much that's useful.

Money, Inflation, and Business Cycles: The Cantillon Effect and the Economy

02/17/2020Quarterly Journal of Austrian Economics

Professor Arkadiusz Sieroń has written an important new book on the Cantillon effect, indicating that the effect of new money on the economy depends on where it is injected.

Bernie Sanders's Long History of Pushing Government Takeovers of Private Markets

Blog02/17/2020

The term "socialism" properly refers to government ownership of industry and service providers. In this respect, Bernie Sanders has a long record of proving he's a true socialist.

Social Security Is a Terrible "Investment"

Blog02/17/2020

Social Security has been a money-losing mess for decades, and it's a major drain on private sector saving and investment.

Socialism: A Brief Taxonomy

Blog02/15/2020

From orthodox Marxism to anarcho-syndicalism, here's a brief guide to the many flavors of socialism.

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