Why Empire is a Money-Losing Proposition
Interviewed by Scott Horton, Mark Thornton discusses why we need to lower the debt ceiling; the dangers of a depreciating dollar; why the NSA’s spy
Interventionism
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Government Shutdowns, the Debt Ceiling, and Our Mountain of Debt
What is needed is fiscal reform. Only drastically cutting government spending will bring back prosperity.
Pro-Union, Crony-Capitalist Thinking Dooms Another Employer
Painful lessons are avoidable when business plans and policies do not violate economic laws and when governments do not interfere.
Robert Shiller’s Egalitarian, Regulated, and Subsidized “Good Society”
The good society is an egalitarian one, says Shiller, and finance should not be at odds with this goal.
The State’s Education Monopoly Increases Prices and Destroys Choice
The free-market solution is open entry and competition and nothing resembling a government monopoly of education.
The Economics of Apocalypse: A Tale of Two C.D.C.’s
One reason the television series is so much more compelling is that it champions the cause of human freedom and self-reliance.
The Economics of Gun Prohibition
Mark Thornton discusses the unintended consequences of gun control legislation as an illustration of prohibition economics.
Gun Prohibition Increases the Demand for Guns
This is yet another case where government interference in the market produces unintended results.
Government Policing Does Not Mix Well With Private Security
When government police fail to provide adequate protection, people turn to private security.
New Lessons from the “Rescue” and the Failed Stimulus
The financial crisis was the consequence of monetary central planning writ large. To avoid future crises, shutter the Fed.
