Hans Hoppe theorized that monarchs, as opposed to democratically-elected political authorities, would have lower time preferences and would be less likely to engage in reckless government spending. Unfortunately, at least one Medieval Danish king acted like a modern politician.
In the wake of the Arab Oil Embargo of 50 years ago, Congress banned U.S. export sales of crude oil. The results were different than what government "experts" imagined.
Not satisfied with the futile and destructive wars it has fought in this century, leaders of the US Armed Forces now want reinstatement of the draft. Instead, perhaps our government should give peace a chance.
Although the percentage of the unionized U.S. workforce has fallen in recent decades, labor unions still are a threat to our economy and our collective wellbeing.
Governments are using intimidation to regulate independent journalists on the decentralized internet.
No matter the situation, bank CEOs believe that the Big Score is just around the corner. Then reality hits.
In the spirit of Walter Block's classic Defending the Undefendable, Kevin Duffy looks at the "undefendable" investments and economic choices and finds them profitable.
The great Thomas Sowell takes on the social justice industry. As usual, he makes excellent points even if, as David Gordon notes, logic deems we go even further.
While central banks use administered interest rates in hopes of emulating the natural rate, these efforts are always going to fail. Without free markets, there is no natural rate.
While the prospect of Javier Milei being elected president of Argentina is attractive, his plan to "dollarize" the Argentine economy will fall well short of hopes and expectations.
