You Can’t Have Free Markets and an Empire
"Free markets at home, empire abroad" isn't just incoherent—it's arithmetically impossible. Connor O'Keeffe on why you can't fund the warfare state without the income tax and the Fed.
"Free markets at home, empire abroad" isn't just incoherent—it's arithmetically impossible. Connor O'Keeffe on why you can't fund the warfare state without the income tax and the Fed.
Mark Thornton updates the Stocks versus Manure contest, then explains why gold’s correction may be temporary, and why democratic socialism attracts young voters with failed answers to real problems.
In attempts to rectify what are seen as historical wrongs against certain groups of people, western governments have embarked on programs to engage in wrongs against other groups of people. The universal principles of liberalism are supplanted by policies sure to make matters worse.
The Policy and History faculty panel takes student questions on the state of the movement and the prospects for freedom.
While the democratic socialists are claiming to just want a society like they have in Denmark, their real aims are the seizure of all or most private property and especially private capital.
While the democratic socialists are claiming to just want a society like they have in Denmark, their real aims are the seizure of all or most private property and especially private capital.
Crony capitalism—where politics help decide success and failure in the markets—is a huge problem in our society. The solution is laissez-faire capitalism in the tradition of Ludwig von Mises and Murray Rothbard.
While many immigrants bring entrepreneurial skills, they often settle in US cities governed by leftists who are hostile to private enterprise.
Mark Thornton examines the rise of democratic socialism, the political realignment it may trigger, and why young Americans are embracing bad solutions to real problems.
Do we embrace artificial intelligence, or do we fear it? Both, actually.