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Lifting the Debt Ceiling Is Not a Social Policy
Printing and raising taxes are not social policies. It is profoundly anti-social, as it destroys the middle class and makes the economy weaker. Raising the debt ceiling is also extremely negative for the middle class because it means more taxes.
Does Government Create a “Level Playing Field” or Does It Make the Field More Uneven?
Anticapitalist politicians claim intervention can "level the playing field," but when we look closely, we realize that government itself creates the imbalances.
How Markets Are Better than Government Regulators at Fighting Corporate Corruption
Can private markets only be regulated by government? Hindenburg Research's successes against corporate corruption suggest otherwise.
Why You Should Fear “Bipartisan” Agreements in Congress
When we see real bipartisan action in Congress, it usually is for the worst.
Poor People in Developing Countries Find Alternatives to Commercial Banking
People are innovative—if government doesn't get in the way. Entrepreneurs in developing countries find alternatives for people cut off from commercial banking services.
Subsidizing Higher Education Is Not Creating Widespread External Benefits
Contrary to the claim that taxpayer subsidies for higher education provide great social benefits, these subsidies actually are a wealth transfer from the less-well-off to wealthy people.
Why Madison and Hamilton Were Wrong about Republics
The authors of the Federalist Papers claimed a strong central government was needed because republics are prone to "anarchy." The Dutch and Swiss examples show they were wrong.
The Fed’s Portfolio Is Nonexistent: The Fed Does Not Invest. It Destroys Investments
Economists and pundits mistakenly call the Federal Reserve System's security holdings a portfolio. It is anything but.
How Fast Should the Money Supply Grow?
As Murray Rothbard wrote, inflation is not an increase in prices. It is, instead, an increase in the supply of money in circulation. The distinction is important.