Power & Market
Understanding the Action Axiom
The action axiom can be stated as follows (Cf. Rothbard [1962,
Currency Competition May Save the Economy or Even Much More
A fifth of all US dollars ever created are just under one year old. In about the same time, bitcoin has quadrupled in value.
Snowden and Assange: There Is Still Time for Trump to Do the Right Thing
Will Trump pardon these two genuine heroes? He might yet surprise me, but I doubt it because we can see from the people he has already pardoned that his values are warped and perverted.
What Defund the Police Gets Right
For all the hullabaloo that surrounds the “Defund the Police” movement, we forget that our fellow citizens have legitimate concerns that must be op
Fed Profit = Society’s Loss
Given covid, the mutation, lockdowns, BLM protests and riots, the storming of the Capitol, impeachment and the first Biden stimulus bill on the hor
Food Prices Soaring
The latest data from the Bureau of Labor Statistics shows twelve-month food prices climbing at a 3.9 percent annualized rate for 2020.
What the Literature Actually Reveals about Raising the Minimum Wage
Despite economist Thomas Sowell’s laconically phrased observation that the real minimum wage is zero, progressive elements within the Democratic co
Why We Think We’re Free
There is a famous routine by the late, great American comedian George Carlin in which he talks about why he refuses to vote.