In this politicized age, being an American means little more than being subject to the federal government. Yet, as Rothbard noted, we are not "the government," but rather people who are part of like communities, which we should celebrate.
While identity politics based on race and gender dominate the political landscape, we forget that class interests can be a powerful tool to bring people together for a cause.
Learning economics is fundamentally about gaining economic literacy so we can better understand the world we are part of. The real world, not the invented world we find in formalized models.
"War acknowledges no limit to the sacrifices which [the state] may demand of a nation, and governments must necessarily have an equal power of compelling those sacrifices."
The academic and political buzzword today is "decolonialization," but what happens when good laws are discarded on the flimsy basis that they were established during a colonial era?
Logical positivism holds that theory is irrelevant to the empirical results. It is the other way around; One cannot understand or interpret economic data until one has a working economic theory in place.
