New York’s mayor-elect believes he can implement socialist policies through sheer rhetoric, as though mere words can make socialism work. However, economics involves real things and reality will hit New Yorkers soon enough, and they won’t like it.
New York’s mayor-elect believes he can implement socialist policies through sheer rhetoric, as though mere words can make socialism work. However, economics involves real things and reality will hit New Yorkers soon enough, and they won’t like it.
The government failed to govern, but not by mistake, it was fully incentivized to do so.
Any political figure, celebrity, professor, social or climate activist, or anyone else who calls for elimination or inhibition of this system—and the spillovers it brings—cannot claim that he or she is a friend to civilized society.
Based on their writings, what insights do Hayek and Mises provide about the recent election of Mamdani?
On this episode of Power & Market, Ryan, Connor, and Tho take a look at this week's off-year elections. Were any of the outcomes a real surprise? Does Mamdami reflect the future of the left? Will affordability bring down MAGA? The roundtable discuss these questions and more.
Otto von Bismarck said, “Laws are like sausages, it’s better not to see them made.” If people look too closely, they would recognize that the republic has long since become something else entirely.
So-called democratic socialists claim they just want to empower ordinary people through democracy. Socialism, however, invariably must turn into a top-down system of central planning in which the state is all-controlling.
Jamaica’s constitutional reform will achieve nothing if it continues to indulge the politics of resentment rather than building the framework for liberty.
Individual voters have little reason to become informed. Politicians have strong incentives to pander rather than persuade. Partisans are rewarded for tribal loyalty rather than epistemic integrity.
