Free Markets

The crash was said to prove how destructive “unregulated capitalism” could be and how dangerous its supporters were.

What sanction, in morals, does the State adduce for the taking of property?

Thorsten Polleit delivered a speech at the Austrian Economics Re

In effect, the government’s not taking is alleged to be giving. Its not taxing is alleged to be spending.

David Howden is interviewed on the GoldMoney show with

Henniger writes, "No president has believed more in the miracle of the multiplier than Barack Obama."

Senator Elizabeth Warren (D, Organized Labor) has put paid to the possibility of our use of the reductio ad absurdum. With her $22 per  hour minimum wage (or is it $33?) she has seen us, raised us, doubled down, and in every other way possible demonstrated that she is impervious to logic and basic economics.

The people of Colorado and Washington have effectively nullified US drug laws in their states, with respect to marijuana. Moreover, the people of Colorado and Washington are also effectively nullifying an international treaty on drug prohibition.

Understanding today's convoluted domestic and international fiat monetary system frankly requires a great deal of time and study. In a sound money environment, on the other hand, there is little confusion or controversy.

Calvin Coolidge, on spending and taxation, was quite Rothbardian well before Rothbard. According to Amity Shlaes, “Coolidge didn’t favor tax cuts as a means to increase revenue or to buy off Democrats. He favored them because they took government, the people’s servant, out of the way of the people.”