CNN Is Wrong. Deflation Is a Good Thing
A recent CNN broadcast claimed that deflation was bad for the economy and that we need to adjust to higher prices. As usual, the journalistic “experts” got it backward.
A recent CNN broadcast claimed that deflation was bad for the economy and that we need to adjust to higher prices. As usual, the journalistic “experts” got it backward.
As the official government in Haiti loses control, many are calling it a failed state. Crises like this are often evoked to discredit libertarians. But blame for Haiti’s current plight lies with the actions of states, not the absence of them.
The dollar has lost one-fifth of its value in just four years. This has been devastating for many savers and for those on fixed income.
Congress and the courts have eviscerated the Constitution to empower police dogs. The injustices are massive, but the authorities don't care.
As the government expands the reach of civil rights law, one of the casualties is the presumption of innocence. The new rule seems to be “guilty until proven guilty.”
While some libertarians and conservatives have promoted school choice as a way to “improve” government education, Murray Rothbard understood that the system of government schools cannot be reformed.
While Connecticut authorities call on "experts" to help them quell the state's housing shortage, they fail to consider the policies that have caused it.
According to Marx, all ideas represent class-based interests, leaving no room for objective truth. The problem is that Marxists claim to hold to objective truth, but manage to contradict themselves.
New York was the toughest nut for the Federalists to crack. The Federalists ultimately got their new constitution, but it was largely thanks to New York Antifederalists that the worst plans of the Federalists were thwarted.
Mark sees reasons to be optimistic about the future.