Hans-Hermann Hoppe: Why Democracy Fails
Hoppe shows how democratic elections often lead to bad results, and also illustrates how political democracy is often incompatible with human liberty.
Hoppe shows how democratic elections often lead to bad results, and also illustrates how political democracy is often incompatible with human liberty.
Is there anything the state won't micromanage? Back in the 1970s, the Feds passed "emergency" legislation imposing daylight saving time. We're still living with this pointless and annoying mandate today.
In a recent article at The Atlantic, libertarianism was singled out and criticized for valuing freedom more than justice. David Gordon explains that libertarianism doesn't value freedom more than justice. It defines justice differently.
Human beings like to form cooperative groups to achieve various ends. Research has shown, however, that there are limits to the size and nature of these groups, and this is why the state so often turns to violence.
Bernie Sanders has been compared to Ron Paul because both men have waged insurgent campaigns. But that is where the comparisons should end, as Sanders really just offers a ramped up version of the status quo.
Contrary to the popular myth being passed around, three-fourths of Americans pay taxes on their income. It's a nearly inescapable flat tax on income known as the payroll tax. And it now generates nearly as much income for the Feds as the tax more commonly known as the "income tax."
Some old economic myths never die, and presidential candidates are once again running on old fallacies about free trade. In truth, uninhibited trade helps to make everyone wealthier, whether it happens domestically among neighbors, or internationally.
Murray Rothbard would have turned 90 years old on Wednesday, and his contributions to economics have never been more relevant. Rothbard’s uncompromising assault on the state has made him one of the rare scholars to see his influence grow, even after his passing.
About half of the states pay for government spending in the other half.
Economists Akerlof and Shiller contend that people are too gullible and ignorant to be allowed to deal with a potentially deceptive marketplace on their own. The solution is to have the government manage the markets for them.