Declaring Independence from the Parasite Caste
As Americans prepare to celebrate the Fourth of July, they would do well to remember that those who fought for independence would not support the Leviathan state that the USA has become.
As Americans prepare to celebrate the Fourth of July, they would do well to remember that those who fought for independence would not support the Leviathan state that the USA has become.
The presence of a "natural monopoly" is supposed to be a sufficient reason for government to intervene in the economy. But what if there truly is no such thing as a "natural monopoly"?
The "distributist" theorists Chesterton and Belloc imagined that economic interventionism could make life easier and more free. Yet their proposed system is neither moral nor practical.
The recent declaration of the G7 sounds more like "we want to rule the world" than "we want peace." Other nations are tired of the West's phony Rules Based Order.
Jamaica is on the road to becoming a republic, but will that lead to economic freedom or to the statism that has held back that country since independence from Great Britain?
How do we view government ownership of natural resources? Can a homesteading case be made for it? Usually not.
The fiat US dollar, while still the world's "reserve" currency, is being imperiled by reckless actions by monetary authorities. Other countries are taking notice—and action.
The Keynesian prescription for an economic downturn is for government to increase spending to improve so-called aggregate demand. In reality, this is a recipe for worsening the recession.
Rental prices are falling as the markets adjust to new realities. The Austrian business cycle theory explains why this is happening.
The latest rage in macroceonomics is modern monetary theory, whose adherents invariably resort to the motte-and-bailey fallacy. Advocating inflation is never a good idea.