Economic Policy

Government economic policies reflect abstract ideas of what agents wish reality were like. Praxeology is not beholden to abstract economic fantasies.

Government economic policies reflect abstract ideas of what agents wish reality were like. Praxeology is not beholden to abstract economic fantasies.

The Appalachian region, while always relatively poor, had strong families and institutions that held things together. In the aftermath of the expansion of the welfare state and the shrinking of the iron, steel, and coal industries, we have seen social breakdowns and increasing drug addiction.

The Appalachian region, while always relatively poor, had strong families and institutions that held things together. In the aftermath of the expansion of the welfare state and the shrinking of the iron, steel, and coal industries, we have seen social breakdowns and increasing drug addiction.

Government policy regarding patents is based upon the belief that no one would invent anything without some monopoly privileges. There is good reason to question that belief and the resulting policies.

The possibility that there may be offshore oil deposits in Jamaica has brought some to say that finding oil would actually be harmful to the nation’s economy and social fabric. Jamaican Lipton Matthews takes issue with that claim.

Ludwig von Mises had many insights about immigration. As one might expect, he foresaw problems with open borders, but also believed immigration could benefit a nation.

Murray Rothbard famously asked Cui bono? to help unearth government scandals. Kenya’s politicians certainly benefitted from the Eurobond affair.

Can government policy replicate a market economy and improve the outcomes? That is the subject of the book, Moonshots and the New Industrial Policy. Lipton Matthews takes a deep dive into these questions.

Murray Rothbard is one of the all-time greats in Austrian economics and libertarianism. When studying his achievements, we immediately see that Rothbard is a giant whose shoulders free-market scholars should aspire to stand on.