JOIN OR RENEW TODAY
The long knives are out for Hans Hoppe again, but the accusations, this time in Mother Jones, miss the mark badly.
"Our welfare spending is probably the highest in the world. It is only “laissez-faire” in the sense that we have ... a very large charitable sector as well."
Economic PolicyProgressivismSocialismWorld History
An enduring progressive myth is that thanks to Western technologies and compassionate NGOs, American agricultural scientists saved the developing world via the Green Revolution. Not surprisingly, the truth is found elsewhere.
Money and Banks
Congress tells the Fed to maximize employment and also have low inflation. But in reality the Fed usually chooses to ignore inflation and instead "stimulate" employment with inflation.
Adherents of the famous Phillips curve believe there is a permanent tradeoff between inflation and unemployment. This is mistaken.
Economic PolicyMoney and BanksStrategy
While African nations often are famous for corruption, poverty, and inflation, there is a way to bring dramatic changes to African economies: a gold-based currency.
The EntrepreneurFree MarketsWorld History
While historians paint the enclosure movement in negative terms, it actually played an important role in developing agricultural entrepreneurship.
Big GovernmentBureaucracy and RegulationFree Markets
Even as population has grown, increasing the intensive margin for agriculture has led to increased food production. This may not necessarily be a good thing.