Political decentralization in modern times has shown itself to be the most potent intellectual restraint on the growth of Leviathan. The Constitution is not enough.
A case study from Mauritius shows how democratic institutions are used to prevent true independence for oppressed classes and minorities under the guise of "representation" and "equality."
Ten states ban happy hour. These laws restrict the sale of alcohol at discounted prices during specially designated times. Unfortunately, many citizens regard these backdoor price controls as perfectly legit.
While it is easy to think the Fed bases its policies primarily on economic science, it’s more likely that what actually concerns the Fed in 2021 is keeping interest rates low to facilitate huge amounts of deficit spending.
In 1971, David Rockefeller favored a “new international monetary system with greater flexibility” and “less reliance on gold.” Seeing an opportunity to expand his own power, Richard Nixon enthusiastically embraced the scheme.
In 1971, Nixon used a fiscal crisis to justify severing the dollar's last connection to gold. It was the same old story: "we must vastly expand government power because of a 'crisis.'" The government never gives up these new powers.
Even after countless threats of embargoes and other forms of aggression from the new imperialist USA, a shift of one vote would have defeated the Constitution in Rhode Island. It truly was a last stand that just barely failed.
The risk of government expropriation of private property remained low, and Botswana rejected antiwhite reformist politics which destroyed capital in many other countries in the region. Economic success has been a result.
