Why Liechtenstein Works: Self-Determination and Market Governance
Being so small, Liechtenstein's government must provide services in a way that make it attractive to its citizens, many of whom could easily invest their wealth elsewhere.
Being so small, Liechtenstein's government must provide services in a way that make it attractive to its citizens, many of whom could easily invest their wealth elsewhere.
Is smaller better? Sometimes. But we also know that the power of the state is often used to grow institutions beyond what would be their natural size in a freer world.
Hayek’s theory of knowledge cautions against grand designs based on the alleged expertise of a select class of people.
In Nation, State, and Economy, Ludwig von Mises offered a radical alternative to the prevalent models for solving national conflicts.
In a way, the separation of the Czechs and Slovaks was like Brexit and the UK’s 1980s privatizations combined, only a lot more complicated.
It costs more to run a campaign in a large jurisdiction than a small one. Making districts and states smaller would reduce the role of money in politics.
It is important to change our political culture, which treats "democracy," or the "right" to vote, as the supreme political good.
Through free trade, decentralization, and a non-interventionist foreign policy, the Swiss created a high level of prosperity based on innovation and creative capitalism.
Jeff Deist and Allen Mendenhall break down the hyper-politicized spectacle of the Kavanaugh confirmation hearings.
Private cities may seem outrageously radical or utopian, but we are already using this approach very successfully in other areas of our lives. The transfer to our social order is only the last step in a development already under way.