In Praise of Government Gridlock
As Mises wrote, “government efficiency and industrial efficiency are entirely different things.”
Taxes and Spending
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Tax-Loving Conservatives
Hamilton wanted higher federal debt because he wanted investors in government IOUs to commit to the survival of the US government itself.
Democracy: The Enemy of Liberty
“The theory involves a conceptual conflation of democracy and liberty (freedom) that can only be called scandalous, especially coming from se
Government Medical “Insurance”
Instead of solving the initial problem, the intervention creates two or three further problems, which the government feels it must intervene to hea
The Truth About Taxes
This essay originally appeared in the Review of Austrian Economics 7, No. 2 (1994), pp.
How Amazon Survives the State
In a world of convoluted rules, capitalism finds ways to get goods cheaply to the people who want them.
What Soviet Medicine Teaches Us
In 1918, the Soviet Union became the first country to promise universal “cradle-to-grave” healthcare, writes Yuri N. Maltsev.
A Crimson Tax Tide
Jefferson County's experience with the occupational tax illustrates Henry Hazlitt's differentiation between good and bad economists.
Herding Lizards
The lizard part of our brains pushes aside the cognitive areas when we make investment decisions.
