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In criticizing the progressive notion of equity, or equality of results, critics of such views embrace an order of “meritocracy.” F.A. Hayek, however, understood...
The US economy is hooked on easy money and artificially low interest rates. Huge credit expansions are not “stimulating” the economy; they are destroying...
Yields on Japanese government bonds have risen in recent weeks on worries about Prime Minister Sanae Takaichi’s budget discipline, while the yen has weakened.
It was at the height of the Cold War that the CIA and the American government began subsidizing Protestant missions, mostly of Pentecostal denomination,...
Contra the recent winners of the Nobel Memorial Prize in economics, free markets, private savings, and entrepreneurship not so-called innovation, is what drives a...
We libertarians may be anti-state, but that we are emphatically not anti-society or opposed to the real world, however contaminated it might be.
Environmentalists are at it again, this time claiming that AI centers will create environmental disasters all over the country. Once again, they exaggerate greatly.
Is silver “manipulated,” or are fundamentals doing the work? Mark Thornton sifts the evidence and finds a simpler story.
Despite the claims from many historians that they just report the facts, the study of history is highly ideological and historians often depend upon...
If stablecoins continue to expand, the architecture of monetary control will inevitably change.
How did Murray Rothbard view Ronald Reagan’s legacy? A mood of blind “feel-good” Americanism, entrenched big government, and the evisceration of libertarian gains—leaving only...
If Hobbes is right about human nature, then he is wrong about the state as a solution. Ironically, his key arguments for the state...
As the US economy slowly deteriorates, the government’s response is to intervene and to inflate. This does not end well.