Politics
The old republic is gone. The constitutional order of the Jeffersonian years—i.e., the so-called “American experiment”—was swept away long ago.
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Domestic opposition to a government’s war is almost always seen as seditious—even if the criticisms are right. Whether it was war pursued by Abraham...
Prof. Dr. Karl-Friedrich Israel delivers the Laudatio in honor of Dr. Ron Paul, recipient of the 2026 Hayek Medal awarded at the Annual Conference...
Does a recession loom in our future? Given the irresponsibility of the government’s economic policies, the short answer has to be “yes.”
One must ask the decisive question: if fiat money is genuinely superior, why would coercion be required to impose it upon those who would...
The old republic is gone. The constitutional order of the Jeffersonian years—i.e., the so-called “American experiment”—was swept away long ago.
The Trump administration’s downsizing USAID has brought the usual claims: that without US aid, millions of poor people around the world will die of...
In his concluding argument, Molinari envisions a society where security is provided by competing private firms chosen voluntarily by consumers.
Molinari describes the inevitable consequences of monopolized security: rising costs, declining quality, and the use of force against the very citizens the government claims...
Molinari argues that majority rule is no more legitimate than royal absolutism when it violates individual rights.
Molinari distinguishes between society, which arises naturally from voluntary human cooperation, and government, which imposes itself through force.
Molinari describes how coercive control over defense led to the familiar abuses of taxation, war, and the suppression of individual liberty.
Molinari draws a parallel between monopoly and communism, arguing that both represent departures from the principle of free competition.
Molinari frames this choice as the central political question that determines whether a society will be free or oppressed.
Despite support from some economists in the free market camp, fractional reserve free banking is doomed for failure, as Murray Rothbard pointed out.