Power & Market

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.

No one can legitimately create a monopoly on ideas. The problems of freedom are solved with more freedom and worsened with less.

Often “reasoning” commits to a conclusion, then finds argumentation to justify it.