Democracy

Populists have spent the past decade rebelling against a political system they correctly recognize as rigged. But they keep focusing on its surface-level symptoms while ignoring the institution at its center.

Populists have spent the past decade rebelling against a political system they correctly recognize as rigged. But they keep focusing on its surface-level symptoms while ignoring the institution at its center.

Trump showed how effective it can be to simply declare success and let supporters believe it. Other politicians are taking notes, even as the problems they all pretend to have addressed continue to grow.

Trump showed how effective it can be to simply declare success and let supporters believe it. Other politicians are taking notes, even as the problems they all pretend to have addressed continue to grow.

Trump has made his family billions by courting foreign and corporate money and accepting extravagant gifts while in office. But he didn’t bring self-enrichment to Washington, he simply made it much harder to ignore.

In this week’s Friday Philosophy, Dr. David Gordon takes on Daron Acemoglu’s What Happened to Liberal Democracy? Remaking a Politics of Shared Prosperity and finds it lacking in economic sense.

Modern mass democracy, especially when coupled with bureaucracy, creates uniquely powerful incentives for the production, consumption, and institutionalization of unreality.

When Vladimir Putin took power in Russia, the nation had a potentially bright future. Today, bogged down in war and its economy approaching Third World status, the future doesn’t look very good.

On this episode of Power and Market, Ryan, Tho, and Connor discuss the death of Lindsey Graham, the questions around Mitch McConnell, and provide a preview of next week's Mises University.

America’s elderly political class is only the most visible symptom. The deeper problem is a government built to transfer wealth from younger Americans to a caste of older, wealthier generations.