Biden’s 5% cap on apartment rents: Washington’s latest economic folly
Recently, the Biden administration introduced plans to limit increases in apartment rents to 5% annually. Far from a straightforward cap, this plan contains various nuances, which I will explain below. Nevertheless, the basic fraud on display here is twofold.
First, the state continues to ignore private property rights while manipulating markets with price controls – an attempt to commandeer the market’s fundamental role of price discovery and place it in the hands of bureaucrats.
The degrowth movement is antihuman, and its advocates are fine with that
The assimilation of degrowth ideas into the mainstream portends dire consequences for economic well-being. Degrowth is trumpeted as the solution to averting a climate catastrophe, but it will reverse the economic fortunes of practitioners.
The Cost of a Hoax
The cost of a hoax
Does the Fed Push Interest Rates Down? History Says Yes
What Was Missing at NatCon 2024
National Conservatives are a growing movement on the political right. They are largely united by their belief in the failings of liberalism, in protectionist trade policy, a halt to mass migration, and a more Christianized nation. The attendees of this year’s conference, hosted by the Edmund Burke Foundation, focused on many topics: free trade, their desire to decouple from China, weaponization of government, bureaucracy in government, and even the building of parallel institutions. But one topic, one that should be vitally important to anyone wishing to preserve a nation, was absent.
The 1866 civil rights revolution
The phrase “equality of opportunity” is expressed by the Civil Rights Act of 1964 as a nondiscrimination principle. There has been much debate on whether the nondiscrimination principle is a formal right to equality before the law, reflecting the principle that everyone has a right not to be discriminated against, or whether it is a substantive right vested in specified groups (e.g., blacks or women) to give them special legal protection that members of other groups (e.g., whites or men) do not enjoy.
An Austrian contribution to the praxeology of nature conservation
Without human intervention, there would be no nature conservation, only the natural struggle for species survival through evolution and adaptation. Humans actively protect and shape their surroundings, making nature conservation a practically anthropocentric concept.