Political Theory

The division of labor is what made the West rich and has kept it rich. It's telling that Marx planned to abolish the division of labor altogether.

The central problem that confronts modern libertarian political theory is how to place limits on the number and kinds of intrusions in which government may engage — and how to ensure that it will confine itself to these limits.

Our "experts" accept no risk and have nothing invested in the reckless schemes they advocate for. Others will bear the burdens when failure comes. 

"The greatest fallacy of the classical liberals was their assumption that a constitutionally limited state government was necessary."

Yuri Maltsev details how politics, bureaucracy, and self-dealing monetary planners work against the cause of peace and prosperity.

Marx was wrong about the basics of value and exchange — and thus was wrong about the relationship between owners and laborers.

Critics of capitalism are often confused by the difference between political and economic power. 

It is instructive to consider what a sensible anti-inflationary legislative program would be like if we could get it.

Jeff Deist joins Tom Woods to discuss libertarianism, left and right, and ongoing divisions within the movement.

Significant opposition surrounded the development of state supported public secondary and higher education in New York State throughout the latter nineteenth century.