Which is Worse — A Trade Surplus or a Trade Deficit?
Unlike commodity money, fiat currencies allow persistent trade imbalances which cause grave discrepancies in income, consumption, and investment.
Political Theory
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Abolish the One-Man Presidency
Alexander Hamilton wanted a strong single executive who could maximize "secrecy" and "dispatch." Unfortunately, he got what he wanted.
Break Up the USA
Everyone takes for granted that it’s normal for a country of 320 million to be dictated to by a single central authority. It's time to call it quits.
Our Huge Hidden Tax: Government Regulations
Eliminating government regulations is as critical as tax relief in turning the US economy around.
Nietzsche and the State
Nietzsche thought that the state would probably be replaced by private protection agencies.
Democracy, the God That’s Failing
Jefferson and Hoppe were right about democracy, but it took Trump and Brexit to show the world how quickly elites abandon it when they don’t prevail.
The Great Gatsby and the Fed
The “constant flicker” of American life described by Fitzgerald in his novel is no less than the artificial boom driven by the Fed during the 1920s.
Week in Review: February 18, 2017
The Fed has elected to keep kicking the can down the road.
Michael Boldin: CalExit and Secession
Jeff Deist and Michael Boldin discuss the burgeoning CalExit movement and the Left's newfound appreciation for secession.
A Problem with National Homicide Statistics
Too much aggregation: It's not just a problem for economic data.
