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"The greatest fallacy of the classical liberals was their assumption that a constitutionally limited state government was necessary."
Money and BanksMonetary TheoryMoney and Banking
Scott Sumner's Market Monetarist framework is seductively simple, but relies on a definitional trick.
Peasants in pre-industrial societies often worked fewer hours than modern-day workers. They also had a shockingly low standard of living.
Big GovernmentU.S. Economy
By all accounts Paul Ryan is a good natured man, but one who ended up betraying almost all the causes he claimed to care about.
Taxes and Spending
The massive tax breaks and subsidies being offered to Amazon for their second headquarters has taken crony capitalism to dizzying heights.
Bureaucracy and RegulationLabor and WagesLegal System
The Police StateU.S. History
Defenders of police incompetence are falling back on the claim that they are above criticism because they are the "experts."
For Shakespeare, the story of the Roman Republic is a tragedy. Like one of its heroes, the Republic was eventually destroyed by its own success.