Slavery—Cronyism, Opportunity Cost, and Deadweight Loss
A modern misconception of antebellum slavery is that it “built the country.” Actually, the institution of slavery, economically speaking, was a deadweight loss to the US economy.
A modern misconception of antebellum slavery is that it “built the country.” Actually, the institution of slavery, economically speaking, was a deadweight loss to the US economy.
Progressives are openly cheering the murder of the CEO of UnitedHealthcare. However, it was progressive legislation that created this healthcare crisis in the first place.
Since the end of the 19th Century, much of US history has been marred by meddling in the affairs of other nations. From William McKinley's Spanish-American War to George W. Bush's invasion of Iraq, US meddling has created tragedy and chaos abroad and at home.
Passed in the immediate aftermath of the American Civil War, the Fourteenth Amendment was intended to further centralize governance away from the old decentralized political model. It still is accomplishing that purpose.
The debate over use of nuclear weapon is built upon the assumption that they‘ve only been used twice, both against Japan. However, if we expand the definition of use to how we apply it to other kinds of weapons, then nuclear weapons have been used too many times.
William Rawle was a well-respected lawyer, legal scholar, an abolitionist, and a believer in the right of states to secede. He described this in A View of the Constitution of the United States of America, which many claimed to have read while at West Point prior to the Civil War.
There finally is pushback against Critical Race Theory that has infected higher education and most of our other institutions. Unfortunately, CRT concepts are so embedded in our body politic that the only way to combat them is through revisionist history.
The US went to war 83 years ago today with Japan‘s attack on Pearl Harbor. It ended with Japan‘s surrender after US bombers dropped atomic bombs on Hiroshima and Nagasaki. The myth lives on to this day that the bombs ended the war prematurely, saving millions of lives.
In the post-Civil War South during Reconstruction, federal troops attempted to impose their will in part by pitting recently-freed slaves against southern whites. The outcome was obvious, leading to more than a century of violent racial clashes, all the while strengthening federal power.
Mises Institute president Tom DiLorenzo joined the Tom Woods Show to discuss The Axis of Evil: the presidencies of Abraham Lincoln, Woodrow Wilson, and Franklin D. Roosevelt.