Understanding the Federal Reserve’s Shell Game
Taxes usually aren't terribly popular with the people who pay the taxes. Fortunately — from the government's perspective — the central bank is there to help tax the people more without their noticing.
Taxes usually aren't terribly popular with the people who pay the taxes. Fortunately — from the government's perspective — the central bank is there to help tax the people more without their noticing.
In celebration of what would have been his 90th birthday, the Rothbard Reader is a new collection of the best of Murray Rothbard.
A new working paper by Academic Vice President Joe Salerno, "The Development of the Neutral Money Concept: The Austrian School Further Dehomogenized" is now available.
Municipal waterworks are government-run and government-owned, and generally an extension of local governments. But, bizarrely, when something goes wrong, it's somehow the fault of the private marketplace.
It is high time to turn to Rothbard in the search for advice. His recipe for dealing with depressions and how to avoid turning a recession into a depression is of timeless relevance.
The intended message of the JetBlue commercial is that if we just work together and make some sacrifices, we can all win. However, it actually showcased the inherent flaws in democratic processes.
March 2 would have been Murray Rothbard's ninetieth birthday. His immense knowledge, creativity, and devotion to liberty are unequaled.
A few days ago, it was reported that the the Federation of Quebec Maple Syrup Producers is beginning to self-destruct.
The 20th century was the progressive century, marked by the rise of war and socialism as entrenched features of American life. But perhaps the most lasting effects will be felt in the entitlement mindset woven into the American psyche via decades of successful incrementalism.
When used properly, and when restrained by the prevalence of a relatively laissez-faire ideology, democracy can indeed work as a brake on government power.