“Work or starve” is a common argument used against free-market capitalism. Proponents of the “work or starve” argument argue that capitalism forces one to work or be forced with the prospect of starvation or destitution. This is a mistaken approach since “work or starve” is not a feature of capitalism but rather of the world we live in. By conflating positive rights with negative rights, a perverted type of justice is imagined.
Canada’s standard of living is on track for its worst decline in 40 years, according to a new study by Canada’s Fraser Institute.
The study compared the three worst periods of decline in Canada in the last 40 years — the 1989 recession, the 2008 global financial crisis, and this post-pandemic era.
They found that unlike the previous recessions, Canada is not recovering this time. Something broke.
In his treatise A Theory of Socialism and Capitalism, Hans-Hermann Hoppe lays the theoretical foundations for understanding and identifying the phenomenon of socialism, not as a mere invention of the Marxists of the nineteenth century, but as a much older idea of the institutionalized interference with or aggression against private property and private property claims.
The American Constitution is far from perfect, but one good feature is that it lacks a provision found in some European constitutions. This provision allows the president to suspend the Constitution if there is a national emergency.
As the theologian David Bentley Hart observes,
Imagine an American college or university president making the following public statement:
“I regret that my institution, along with many others, has contributed to burdensome federal student loan debt and to rising college tuition levels, allowing our institutions to profit from the existence of student loan monies. At the same time, we have failed to offer our students adequate skills and knowledge required to compete in today’s world.”
Mandate for Leadership 2025 is an unofficial blueprint for a potential conservative administration, published by the Heritage Foundation’s Project 2025. Donald Trump has distanced himself from the project, even though many people associated with his first term as president contributed to the document.
[Editor’s note: The article below is adapted from a lengthy 1954 memo by Rothbard which is written largely as a review of George B. DeHuszar and Thomas Hulbert Stevenson’s A History of the American Republic. The memo was republished in 2010 by the Mises Institute as part of Strictly Confidential: The Private Volker Fund Memos of Murray N. Rothbard, edited by David Gordon.
In a mere 11 minutes on Wednesday night, President Biden settled any doubts about whether he was fit for another four years of the presidency. Uncle Joe wrestled with the teleprompter like a slacker high school boy blindsided by trigonometry questions on the math SAT test. By the end of the Bidens brief spiel, most judges declared that the teleprompter had won by technical knockout.
A few weeks ago, Biden declared that it would take “the Lord Almighty” to get him to end his re-election campaign. Did the Lord make an unannounced visit to Biden’s Delaware vacation home?
Robert Reich recently asserted that “free markets” aren’t neutral or free, are actually shaped by those who wield power. Reich believes that government powers have been subverted by private interests- this part of his analysis is actually true in many cases.
