South Africa is suffering from rolling blackouts and other power outages. These could be avoided if the government would permit competition in electricity markets.
The latest round of wildfires in Canada has brought out the usual statist demands that we ban fossil fuels, but in the real world fossil fuels protect people from climate-related disasters.
Political leaders of the so-called liberal Western regimes are engaging in authoritarian tactics to quell legitimate dissent. But leftists who riot and burn get a free pass.
As government regularly intervenes in economic and financial markets, both continue to deteriorate. We must understand the kind of damage government causes.
The current regime wants to use taxation not simply as a means to collect revenue for the government, but as a weapon against economic prosperity itself.
President Biden recently claimed that "trickle-down economics" doesn't work but transferring wealth from taxpayers to politically connected people is the real trickle-down economics.
In 1948, Ludwig Erhardt rescued a German economy that was in shambles simply by invoking free markets and currency reform. Our economy needs its Rothbard moment.
