Political Theory

Gas station owners have come up with a creative way to take more of their customers' money via the power of taxation.

The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric.

When anti-capitalist leftists expound on the evils of "neoliberalsm," they are usually just attacking freedom and free markets in general.

It is often argued that democracy replaces violent political changes with peaceful ones, but this is not quite as convincing as we are told.

The Homestead Acts are often held up as proof of how wise and prudent the federal government can be. The actual history of the Acts is less impressive.

From the state to private corporations, many groups benefit from marijuana prohibition. And, they will fight to keep marijuana illegal.

Do central banks have a plan? Do they know what they are doing? The BBC wonders, and Jeff Deist provides some of the answers.

In the wake of Brexit and other referendum votes that go against the leftist political orthodoxy, elites have decided democracy is a problem.

Iceland is not the only country coming up with "creative" ways to seize your wealth and income. The US is going down this path as well.

As in much of the globe, central bankers in Britain are quickly replacing elected politicians as the most visible and powerful public officials.