In Ron Paul’s America, or Hans Hoppe’s private law society, voluntary “socialist” arrangements would be perfectly allowable and legal. But libertarian communities are never permitted in statist societies.
Target may have increased starting wage levels within their company, but only a government can create and enforce a "minimum wage."
Unfortunately for us, James Grant is right.
Even if the Brazilian president is impeached, Brazil may still opt for the "safe" interventionism that has crippled the country for so long.
Why is the Fed holding so many secret meetings lately?
Most Americans today are now reflexively progressive, meaning they want government to do something, rather than reflexively libertarian.
Economists err if they believe something is wrong when money is not in constant, active "circulation."
Bernie Sanders wants to make the postal service into a bank. It has been tried before.
Following the unconventional monetary policy of negative interest rates, central banks are now considering an even more desperate measure: "helicopter money."
The funding of research is inherently an entrepreneurial decision.
