National Debt
Mark Thornton explains how mounting national debt crowds out private investment, fuels inflation, and burdens future generations with the costs of government spending.
Mark Thornton explains how mounting national debt crowds out private investment, fuels inflation, and burdens future generations with the costs of government spending.
Ryan McMaken and Murray Sabrin discuss the ways that the United States has become a land of regulation, taxation, and welfare. The American republic disappeared long ago, and the welfare-warfare state replaced it.
Under capitalism competition moves people. Under socialism, decree must.
Historically, with the state came the church, and with the church came the state. This insight is key to understanding the underappreciated role of religion in the American Revolution.
To understand the socialist community, compare it with an army.
The latest answer to the affordable housing crisis is to build more government-owned units. Far from being a solution, it will lead to even more housing shortages.
Dr. Mark Thornton examines the growing risks in the global economy, why he believes we're living in an interconnected bubble economy, and how decades of central bank intervention may be setting the stage for another major financial crisis.
The Trump administration insists its actions against Cuba are justified because of Cuba’s communist government. Murray Rothbard, an enemy of communism, had harsh words against this kind of US interventionism.
Imagine an economy that never changes. Only then does the plan compute.
John C. Calhoun often is misquoted and misinterpreted by modern historians. David Gordon and Wanjiru Njoya look to help set the record straight.
Socialization—a word built to obscure the problem it names.
Thanks to hard working American taxpayers, savers, and entrepreneurs, the experiences of American military personnel are increasingly defined by jobs like "drone pilot" that are nothing like the cannon-fodder jobs of old.
The Law of the Stronger is really the negation of Law.