Government Is the Hidden Hand Directing the Culture Wars
American culture wars are not the product of religious fundamentalists or even activist groups. They exist because of state interference in the private lives of individuals.
American culture wars are not the product of religious fundamentalists or even activist groups. They exist because of state interference in the private lives of individuals.
The affordability crisis is upon us. Housing, food, you name it, life is becoming expensive. The government blames business, but perhaps government officials should look in the mirror.
Governments are fond of accusing private firms of “greed” when prices increase during periods of inflation. However, they fail to tell the public that government services also face price increases.
Infamous hyperinflations like what hit Germany in 1923 did not begin as a flood. Instead, they started as smaller bouts of inflation initiated by governments that printed money to pay for deficit spending.
Rothbard warned against the assumption that because democracies are “better” than dictatorships, they are necessarily more peace loving.
While politicians like Bernie Sanders and AOC tout the Scandinavian welfare model for the USA, there are a few things to understand about these countries and the economies that support their welfare programs.
Niccolò Machiavelli, who often is criticized for his views on using political power, understood the dangers of unchecked government spending. Perhaps our own political leaders should read "The Prince."
Bastiat reminded his readers that economic analysis involves not just what we see on the surface, but also the costs that are hidden from view.
Read the New York Times (or even National Review) and you'll learn that the budget standoff is between congressional “adults” and right-wing House nutjobs. This is not the case.
Much of modern neoclassical economic theory depends upon assumptions that do not reflect real world conditions. Austrian economists, however, know that realistic assumptions matter.