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Decentralization and SecessionHistory of the Austrian School of Economics
Secession and decentralization are good for two reasons: they move us toward a society with more individual freedom. And smaller, more decentralized societies are more economically free.
Economic FreedomPovertyTaxes and Spending
Between the regulation of business and penalties for rising income, anti-poverty policies in America make it so that many workers have no clear path to escape poverty.
Decentralization and SecessionWorld History
States seek to perpetuate themselves by seizing more control of capital and human beings. Size makes this easier. And every regime would become a mega-state like China or the US if it could.
History of the Austrian School of Economics
Margit von Mises wanted her husband to be remembered for his humanity as much as his wisdom.
The lack of state-to-state border controls has often served as an excuse to increase federal regulation of all states in the name of "uniform" laws. We've seen this with guns, drugs, alcohol, and migrants.
Decentralization and Secession
Efforts to abolish the US Senate because it's "undemocratic" employ a very crude and dangerous type of majoritarianism.
Decentralization and SecessionFinancial MarketsGlobal Economy
Last month's election gave Boris Johnson a strong majority in Parliament, but two economic wildcards could trip his new government up.
Price inflation is probably down in energy, food, and apparel. But asset price inflation in stocks and real estate is significant. This means high rents and high home prices for ordinary people.