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U.S. EconomyU.S. History
Reagan's rhetoric on freedom and free markets was excellent. The policies he supported as president weren't nearly as great.
Legal SystemU.S. History
In the early years of the United States, legal systems were far more localized and flexible. But elites preferred consistency over flexibility, and the rich could afford the more bureaucratic legal institutions that ordinary people could not.
When opposing modern schemes for "reparations," libertarians are taking a moral position defending property rights — they're not just deferring to the status quo.
Booms and BustsFinancial Markets
From the yield curve to money supply growth, there are good reasons to believe we are in the autumn of the current expansion.
HealthWorld HistoryValue and Exchange
People usually recoil at the idea of trading babies for money, but in the wake of Soviet deprivation, easy-adoption laws helped countless orphans in Romania.
Free MarketsGlobal EconomyLabor and Wages
The answer to why people continue to work in such deplorable conditions is pretty simple: they don’t have any other options.
Decentralization and Secession
Yes, democracies give leaders strong incentives to adopt popular policies. But if you study public opinion, you’ll discover that neither libertarian nor wealth-creating policies are very popular.
It's important to recognize racially-motivated laws often have negative consequences for all members of society.