Do Institutions Play a Role in Promoting Economic Growth? In Short, Yes.
We are told that economic growth goes along with liberal democracy. But social institutions play an important role that transcends the political order.
We are told that economic growth goes along with liberal democracy. But social institutions play an important role that transcends the political order.
After all the romanticizing about democracy and voting, in the end, we are still left with the sad fact that the worst always find their way to the top.
Jeff and Bob discuss whether America has its own oligarchs instead of what Hoppe terms "natural elites."
Trying to understand the Russian invasion of Ukraine from the exclusive viewpoint of modern Western democracy is to ignore the long history of authoritarian leadership in Russia.
Ryan McMaken and Tho Bishop mock the self-awareness of beltway foreign policy experts.
Cryptographic protocols, based on some elements of monero cryptocurrency, presents a responsible voting scheme with profit and loss criteria for voters that is able to further the base political framework.
It has been more than fifty years since Egyptian strongman Gamal Abdel Nasser died, but his unfortunate legacy of imposing socialism on Egypt still harms the nation and its economy.
Today, progressives govern by the law of good intentions, and when government has good intentions, the results, no matter how disastrous, don't matter.
F.A. Hayek wrote that the "worst get on top" when it comes to government. Nearly eighty years after he wrote those words, nothing has changed.
The F.A. Hayek Memorial Lecture, sponsored by Greg and Joy Morin.