Politics
No matter how “inelastic” the demand, excessively high prices cannot persist indefinitely without human action.
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Politics
While progressives love to claim fealty to the First Amendment, they actually have used the Fourteenth Amendment to squash free speech and free expression.
Politics
“Taxation is theft, purely and simply, even though it is theft on a grand and colossal scale which no acknowledged criminals could hope to...
Politics
No one opposed communism more than Murray Rothbard, but he also recognized that US policy toward Cuba was unjust, self-defeating, and would fail to...
Politics
Miran wants to fire up the Fed money printers. He absurdly believes Fed policy is ” well into restrictive territory.”
Politics
A common objection to Anarcho-Capitalism is that only the state can offer workable defense services to people through police and the armed forces, as...
Politics
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Politics
Hayek once remarked, “If socialists understood economics, they wouldn’t be socialists.” Building on this, if socialists understood socialism, they wouldn’t be socialists.
Politics
Lower interest rates can help promote economic growth—as long as those rates are determined by the market and not by political edict.
Politics
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Politics
Bob explains why blaming private equity for America’s housing woes misses the deeper economic forces at play, from speculation to Federal Reserve intervention.