Taxes and Spending

Hamilton wanted higher federal debt because he wanted investors in government IOUs to commit to the survival of the US government itself.

“The theory involves a conceptual conflation of democracy and liberty (freedom) that can only be called scandalous, especially coming from se

This essay originally appeared in the Review of Austrian Economics 7, No. 2 (1994), pp.

Instead of solving the initial problem, the intervention creates two or three further problems, which the government feels it must intervene to hea

In 1918, the Soviet Union became the first country to promise universal “cradle-to-grave” healthcare, writes Yuri N. Maltsev.

Jefferson County's experience with the occupational tax illustrates Henry Hazlitt's differentiation between good and bad economists.

The lizard part of our brains pushes aside the cognitive areas when we make investment decisions.

Every dollar spent on the military is a dollar not spent or invested in the civilian economy.

A Rothbardian perspective shows that even many of today's free-market economists concede too much to the government when discussing tax reform.