Financial markets are neither perfectly efficient, nor animally spirited, but eventually adjusting.
The number of jobs that require an occupational license now covers 30% of the US workforce, up from 5% in 1950.
Decentralization and SecessionWorld History
In order to destroy the Republic in favor of empire, the new Roman dictators systematically dismantled the Republic's system of local autonomy and self-rule.
Free MarketsLegal SystemPhilosophy and Methodology
Legal SystemU.S. History
The #NeverAgain movement that arose after last year’s Parkland shootings ignores how government officials cannot be trusted to behave honestly or responsibly to save student lives.
Taxes and Spending
The passage of an income tax in the early twentieth century in America was an enormous shift toward a far more centralized and powerful state.
Money and BanksMoney and Banking
The consequences of counterfeiting are the same regardless of who does it. The counterfeiters are exchanging nothing for something — thus stealing from those who create real value.