Of Course the US Government Will Default on Its Debt
The real question about an American default has always been less a matter of if, and more a matter of how and when.
The real question about an American default has always been less a matter of if, and more a matter of how and when.
Dr. Mark Thornton is interviewed on the suburban heroin epidemic in America.
Attacking the current political leadership and virtually every element of government policy, Rothbard explains why he still has confidence in the future of America.
Marijuana was legalized, the owners were permitted, and they asked the government to conduct a business inspection. Instead, the police busted them and stole all their stuff!
In this article, Leonard Brewster discusses how self-governance can be much more efficient than a formal governing class or state.
Bernie Sanders wants to make the postal service into a bank. It has been tried before.
Don't Like April 15? Don't worry, your taxes will "stimulate" the economy.
The Anti-Federalist "Brutus" predicted 200 years ago how invasive our tax system would become.
Moral hazard is a vital concept for economics. We should be careful not to let critics trivialize or dismiss it; when they do, calls for government intervention and special privileges are seldom far behind.
The pragmatist looks for areas where the economy and society fall short of the Garden of Eden, and these, of course, abound. Poverty, unemployment, old people with scurvy, young people with cavities — the list is indeed endless.