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Philosophy and MethodologyPolitical Theory
Congress enjoys exorbitant political privilege in the form of cheap deficit spending—but it may soon come to an end.
History of the Austrian School of EconomicsInterventionism
Not only must the war against progressivism be fought with a religious fervor, but it must also be, in Rothbard’s words, “openly and gloriously reactionary.”
Money and Banks
Instead of “respecting the Fed’s independence,” President Biden should work with Congress to audit, then end the Fed.
Central BanksThe FedInflationBusiness CyclesMoney and Banking
It is the fiat monetary system itself, not deflation, that helps create the unstable conditions that lead to financial crises.
The war on free speech has been given a boost by a new legal theory called "reckless associations," the "leaders" of an association that allegedly harms someone else are declared liable for that harm.
Reparations is a buzzword in the present political climate, but most plans involve an expansion of the welfare state. But there is a form of reparations that is legitimate.
Money printing may bring rising wages, but it also brings rising prices for goods and services. And those increases are outpacing the wage increases.
DemocracyWar and Foreign Policy
Trying to understand the Russian invasion of Ukraine from the exclusive viewpoint of modern Western democracy is to ignore the long history of authoritarian leadership in Russia.