Power & Market

The American revolutionaries created a decentralized, locally controlled polity for a reason. Abolishing federalism to achieve short-term political ends is a reckless way to go.

Shelton’s nomination is best seen as a litmus test for Republican senators. Are they interested in ideological diversity within American institutions, or willing to stand with the academic gatekeepers that have given us the Leviathan we have today? 

"Sortition" is the process by which lawmakers are selected by lot rather than through popularity contests known as "elections." There's really no reason to think sortition would be any worse than the status quo.

Ludwig von Mises was called several names and epithets in his life, by his admirers and enemies alike, but a little-known one is the "sunny pessimist."

Listen to the A

In his noneconomic magnum opus, The Ethics of Liberty (henceforth TEoL

The media wants Judy Shelton destroyed, because she once made some sensible comments about gold and fiat money.

Former Fed chairs Ben Bernanke and Janet Yellen are making a comeback in the news, coming out in support of, you guessed it, more government spending and interventionism.

Mises was not a fan of natural rights, and his views on anarchism reflect this.

Inflation, spending, and debt! Apparently, increasing these are the only way to restore normal market functions.