U.S. History

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American Households Made Economic Gains before Covid, but This Progress Can Be Lost

U.S. EconomyU.S. History

Blog02/26/2021

Before 2020, there were growing signs of increasing economic prosperity for a wide variety of income groups in America. Whether or not this prosperity survives covid lockdowns and ever higher levels of government regulations remains to be seen.

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The PRO Act Is Not Just a Union Handout—It's an Assault on the Freedom of Association Itself

U.S. History

Blog02/25/2021

The bill’s supporters may talk about how it will give workers the ability to choose to organize at work, but much like the mafia, this bill will ensure that the choice to unionize is one that workers can’t refuse.

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Why the Capitol Riot Terrified the Elite

U.S. History

Blog02/25/2021

The media-government alliance has clamped down against the populist right harder than ever before. Yet, one can sense a hint of panic within establishment ranks that the threads of their dominance may finally be unraveling.

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The Drive for State and Federal Protective Tariffs in Early America

Protectionism and Free TradeTaxes and SpendingU.S. History

Blog02/22/2021

Every depression generates a clamor among many groups for special privileges at the expense of the rest of society—and the American depression that struck in 1784–85 was no exception.

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The Idea of Secession Isn't Going Away

U.S. History

Blog02/22/2021

Americans would be wise to not dismiss separatism just because their history textbooks said it's illegal, racist, or treasonous. Instead, they should recognize it as a tool that could save a lot of headaches and even lives.

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The Biggest Lies of the Impeachment Saga

Legal SystemU.S. History

Blog02/20/2021

The latest impeachment saga simply confirms Thomas Paine’s adage: “The trade of governing has always been monopolized by the most ignorant and the most rascally individuals of mankind.” Score another victory for the Swamp.

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The Problem with the "Robber Baron" Narrative

U.S. HistoryMonopoly and Competition

We're now hearing many calls for more antitrust legislation applied to Big Tech because these firms are allegedly monopolies. But old-fashioned antitrust was a disaster, as will be new efforts against tech companies. 

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The Fight over Economics Is a Fight over Culture

ProgressivismU.S. History

Blog02/15/2021

Explaining good economic theory is about explaining how the other side is ripping you off.

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Why Hazlitt Opposed the Bretton Woods System

U.S. HistoryGold StandardMoney and Banking

That Bretton Woods was called a gold standard was an exercise in obfuscation. It happened for the same reason that NAFTA was called free trade. The state has long used the language of the market economy as a plow to push through its opposite.

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The Depression of the 1780s and the Banking Struggle

U.S. History

Blog02/11/2021

In an unhampered market, there is no such thing as "excess" consumption of imports. But thanks to the creation of monopoly banks like the Bank of North America, an inflationary expansion of bank credit led to an artificial expansion of imports.

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