The Fall of Communism in Massachusetts
In 1627 the seven years of enforced communism expired.
Other Schools of Thought
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The Seven Rules of Bureaucracy
Harry Teasley has superb insight into the dynamics that give rise and cover to bureaucracies.
Saving India from the Keynesians
Despite the obvious benefits of liberalization, India still continues to centrally plan the economy and indulge in socialistic schemes.
The Vampire Economy and the Market
The economic system of fascism (like any interventionist system) is economically unviable in the long run.
Krugman and British Austerity
The historical evidence in Britain supports the view that spending cuts bring about larger economic recoveries than deficit spending does.
Who Were the Cameralists?
The cameralists were German university professors who advised the princes and their bureaucracy how best to maximize their revenue and power.
The Fall of Communism in Virginia
In the Virginia colony, each person contributed the fruit of his labor according to his ability, and each received produce according to his need.
From Loose Money to Fettered People
It is important to recognize the link between monetary policy and individual liberty.
Withholding Consent from the Khan
Rather than utilize the suspicious paper chits issued by the Khan’s local governor, Tabrizian merchants refused to transact or trade; tents in bazaars stood empty.
Minimum-Wage Rates
The market wage rate tends toward a height at which those eager to earn wages get jobs and those eager to employ workers can hire as many as they want.
