Power & Market

Libertarianism is not a philosophy of tolerance toward all non-violent behavior. Rather, it is a philosophy of intolerance toward unjust violence.

We are unlikely to see any significant departure from the overall trend of rising spending and deficits.

A non-exhaustive review of government spending over the last quarter century.

Professor Bagus concludes his arguments regarding the effects of the hypothetical close of Argentina’s central bank.

A satirical essay from a 1978 classroom, speculating about what it would cost to become Santa.

While it wouldn’t solve everything, a gold audit would be a step towards sound money.

As usual, California policy may encourage productive residents to leave. Nevada may be freer relative to California, but it’s a low bar.

It is unimaginably cruel to demand that Ukraine keep fighting our proxy war down to the last Ukrainian.

At 3 percent inflation over an 80-year lifetime, prices will multiply by a factor of more than 10. A dollar will become nine cents, but we would be told that “inflation is stable.”

A vacancy tax is a charge imposed on property owners who leave residential or commercial properties unoccupied for a specified duration. As usual, a statist violation of property rights.