Macroeconomic Data Is Really a Tool for Government Intervention
Murray Rothbard wrote that statistics are the lifeblood for government intervention. Based on certain presuppositions, statistics allow interventionists to identify “problems” to solve.
Murray Rothbard wrote that statistics are the lifeblood for government intervention. Based on certain presuppositions, statistics allow interventionists to identify “problems” to solve.
Politicians sell business regulation as benefiting consumers. In reality, as we saw from airline regulation, the system creates cartels that shut out consumers and benefit regulated businesses.
Mark Thornton explains how government intervention creates inequality, privileging protected industries and politically connected insiders while pushing costs onto everyone else.
It is not enough to treat property as a default state of nature that will eventually assert itself and merely needs to be intellectually explained. We must continually be ready to defend private property.
As socialists gain increasing power in this country, their first target is private property. We need to push back against this wave of legalized theft.
When Vladimir Putin took power in Russia, the nation had a potentially bright future. Today, bogged down in war and its economy approaching Third World status, the future doesn’t look very good.
The US has 20 to 30 million government regulations. Big corporations have legal departments. Startups have you. Mark Thornton on who the "regulatory thicket" is really built to protect.
Tuition is up 1,200% since 1980. Enrollment is about to fall off a cliff. Peter Klein argues the real problem isn't any of the things people usually name.
"Their red ink is your black ink." Jonathan Newman on what MMT leaves out; namely, how the government actually makes the payment.
We assume people are self-interested in the market and selfless in government. Tate Fegley on why dropping that double standard explains almost everything about how the state actually behaves.