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Decentralization and SecessionU.S. History
Why do Americans believe that state and local laws are subject to veto by federal policy makers but the federal government is to be the sole judge of its own laws? Federal elites want it that way.
Economic PolicyWar and Foreign Policy
While the economic sanctions against Russia are helping to impoverish people in that country, they are doing a lot of damage elsewhere too.
Decentralization and Secession
The end of Roe may force many Americans to recognize that the United States is not one place. It is many places. The key is to reject uniform federal policy.
Tightening the interest rate hurts both bubble and solid businesses. The Fed should just focus on reducing the money supply.
History of the Austrian School of EconomicsOther Schools of Thought
Many think cancel culture is an odd particularity of the Anglosphere. Unfortunately, it raised its ugly head at this year's Austrian Economics Meeting Europe held in Lithuania.
Governments never have respected rights of free speech. Today, they restrict freedom of speech and of the press and promote falsehoods in the name of "protecting truth."
Economic PolicyThe EnvironmentTaxes and Spending
Standard neoclassical economics texts claim a Pigouvian tax will lead to the "optimal" price and production of a good. But "optimality" is a myth.
Central BanksThe FedInflation
The buzz in Washington is that the Fed is "fighting inflation." But this is like an arsonist fighting the fire he started.