The Rise of the State and the Fall of Natural Law
This conflict between church and state over government power largely formed the basis of Western respect for private property and political decentralization as a means of limiting state power.
Mises Wire
Kalshi Culture: How Gambling, Speculation, and Degeneracy Went Mainstream
As government continues to engage in reckless actions from inflation to starting wars, people develop shorter time horizons, creating social vacuums. Increased gambling and other irresponsible behaviors then fill the void.
Bari Weiss and the Myth of the Political Center
Now at the helm of CBS News, Bari Weiss has become the most prominent figure pushing the idea that America is held hostage by two political “extremes” that have sidelined a large, unified, moderate, and pragmatic political center. That is the opposite of the truth.
“Free” Health Care Will Not Fix America’s Medical Crisis
Socialists and progressives demand that the US adopt a “single payer” healthcare system in which the government provides “free” healthcare. However, “free” healthcare is not free at all, as medical care consists of scarce goods which always come as a cost to someone.
The Constitution as a Weak Reed
In theory, the Constitution should safeguard individual liberty by giving citizens a bulwark against state tyranny. However, the Constitution actually advanced federal government power or failed to ultimately prevent it.
Trump, Treason, and the New York Times
President Trump recently accused the New York Times of treason because the paper printed something he didn’t like. Unfortunately, Trump is not the only person to designate the crime of treason to actions that are not even criminal.
Subjective Valuation versus Arbitrary Valuation
The Austrian economics framework shows that subjective valuation is not shown to be arbitrary, but rather purposeful, as people place values on things via a means-end framework.
How Big Business Helped Build Leviathan
Most academic historians claim that big businesses in the US were economy-choking monopolies at the end of the 19th century, and that government was needed to enforce competition. In reality, the government and businesses joined forces to promote monopolies.
British Politicians Understand Neither Inflation nor Economic Growth
Great Britain’s Labour government continues to pursue the ruinous policies of inflation and out-of-control spending, all in the name of promoting economic growth. They will get stagflation instead, and then blame the entire problem on capitalism.
