Although some scholars have labeled the early Ming Dynasty as a proto-liberal state, they are mistaken. The Ming governance at that time was weak, not limited by law and ideology.
Economists consider probability to be central to economic analysis, but, as Ludwig von Mises wrote, economic action involves unique and purposeful events, not random ones.
Inflation is a government tool used to confiscate wealth from ordinary citizens and transfer it to government agents and others who are politically connected. That most Americans believe inflation is caused by greedy business owners shows how successfully the government covers its tracks.
The original 13 British colonies that made up the early United States had very different populations with decidedly different political and social outlooks.
Every lover of liberty should have a good reading list that promotes freedom. At the same time, one should develop the discerning eye to recognize statist language and to reject it.
In this week’s Friday Philosophy, Dr. David Gordon reviews Bruce Goldberg's Why Schools Fail and finds much to like. Not surprisingly, elite progressive “experts” have ruined education just as they have ruined just about everything else.
As Murray Rothbard warned decades ago, government-sponsored science is simply an extension of the bureaucracy used by the regime to force its policies on others. This is not an accident or anomaly; it is how government works.
A. Mitchell Innes—a chartalist pioneer—wrote a pamphlet “What Is Money?” (1913) which found a credulous and ideologically sympathetic audience in J. M. Keynes.
On this episode of Power and Market, Ryan, Connor, and Tho discuss the reported probe into Fed Chair Jerome Powell. Is this actual accountability for malfeasance, or a petty battle of DC egos? At the end of the day, does the difference matter? And should Powell be encouraged that central banks around the world are standing in solidarity with him? The panel dives into these questions and more.
"A truly free market is totally incompatible with the existence of a State, an institution that presumes to 'defend' person and property by itself subsisting on the unilateral coercion against private property known as taxation."
