A Schumpeterian Analysis of the Eurobond Scandal through Rothbard’s Cui Bono
Murray Rothbard famously asked Cui bono? to help unearth government scandals. Kenya’s politicians certainly benefitted from the Eurobond affair.
Murray Rothbard famously asked Cui bono? to help unearth government scandals. Kenya’s politicians certainly benefitted from the Eurobond affair.
Zohran Mamdani’s proposal reflects a growing belief that economic problems can be solved through public ownership and political management. But a grocery store is still a business governed by costs, and economic reality regardless of who owns it.
Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.
Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.
Zohran Mamdani’s proposal reflects a growing belief that economic problems can be solved through public ownership and political management. But a grocery store is still a business governed by costs, and economic reality regardless of who owns it.
What might be the process of a society moving from being unfree to being free? Here is one scenario.
If this ballot initiative passes in November 2026, then California’s billionaire exodus will continue, followed by the multimillionaires.
We know that Q-Day is coming upon us when AI moves to another level and humans must make the adjustments. State-sponsored solutions will fail, and the only way forward is the free market.
What might be the process of a society moving from being unfree to being free? Here is one scenario.
With some simple logic and using Hobbes’s own presuppositions and arguments, we can internally critique Hobbes’s argument for the state, namely, that the state solves none of the problems he presents.