After central bank expansionary efforts have unleashed inflation, officials then seek to contract the money supply in an attempt to undo the inflationary damage. No contractionary policy, however, can fix the problems caused by monetary manipulation.
Jamaica’s constitutional reform will achieve nothing if it continues to indulge the politics of resentment rather than building the framework for liberty.
Free speech is not an ideological issue. As Murray Rothbard noted, it really is an issue tied to private property rights.
The present US regime is far more tyrannical than the British government that supposedly was so intolerable that independence was the only way out. Perhaps it is time for another Declaration of Independence.
Capitalist wealth plus economic ignorance, underappreciation, and romanticism create a recipe for an infantile culture.
In this week’s Friday Philosophy, Dr. David Gordon reviews Steven Pinker’s new book, When Everyone Knows That Everyone Knows. As Dr. Gordon aptly points out, Pinker knows a lot less than he thinks he does.
When the state declares war on an abstraction, it discovers the formula for perpetuity.
The United States is now a full-blown “tax state” in that lawmakers can raise taxes with minimal effort without meaningful legal resistance from any other domestic institution.
Human Action by Ludwig von Mises is not just another book on economics, although its economic content is excellent and timeless. It is a passage through one truth after another, built upon logic and reason.
“Science” is now indistinguishable from politics. As the “acid rain” hysteria showed back in the 1970s and 1980s, “follow the science” is just a political slogan, unrelated to actual science.
