Raising Interest Rates Does Not Counter Inflation
When inflation surges, the first thing on the government's agenda is for the Federal Reserve to try to force up interest rates. However, as Frank Shostak writes, that might not be the best strategy.
Strategy
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Raising Interest Rates Does Not Counter Inflation
When inflation surges, the first thing on the government's agenda is for the Federal Reserve to try to force up interest rates. However, as Frank Shostak writes, that might not be the best strategy.
Post-Massie America
On this episode of Power and Market, Ryan, Connor, and Tho discuss the results of the most expensive Congressional race in American history. What does the defeat of Thomas Massie tell us? What does this mean for libertarian strategy? Should we blackpill? Tune in for this and more.
A Rothbardian Case Against Bad Data Center Policy
AI has created enormous demand for new data centers, and many communities do not want them nearby. The Rothbardian answer is not blanket permission or blanket prohibition, but a property-rights framework and the return of market forces that government policy has largely displaced.
Nations by Consent
Every nation-state boundary was drawn by force. Should we treat them as sacred the same way we treat a house or factory? Rothbard says no, and proposes something more radical.
The Great Gerrymander War
On this episode of Power & Market, Ryan, Tho, and Connor discuss the escalating battle over Congressional districts. As Republicans and Democrats engage in an arms race over gerrymandering, assisted by a new Supreme Court ruling over racial districts, is the facade of "representative democracy" finally slipping?
The Free Market for Security
In his concluding argument, Molinari envisions a society where security is provided by competing private firms chosen voluntarily by consumers.
The Regime of Terror
Molinari describes the inevitable consequences of monopolized security: rising costs, declining quality, and the use of force against the very citizens the government claims to protect.
The Divine Right of Kings and Majorities
Molinari argues that majority rule is no more legitimate than royal absolutism when it violates individual rights.
Government and Society
Molinari distinguishes between society, which arises naturally from voluntary human cooperation, and government, which imposes itself through force.
