Politics
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...
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Pope Leo, in Magnifica Humanitas, opposes AI because it further empowers the few who are enormously rich at the expense of the many and...
Trump is trapped in a genuinely difficult situation as he tries to reach a deal with Iran. But it is a crisis of his...
The current free-for-all in Division I NCAA sports is not the product of a free market, but rather is chaos being imposed by the...
The current free-for-all in Division I NCAA sports is not the product of a free market, but rather is chaos being imposed by the...
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.
Despite support from some economists in the free market camp, fractional reserve free banking is doomed for failure, as Murray Rothbard pointed out.