Politics
Although Adam Smith is well-known for emphasizing division of labor, his analysis was woefully incomplete, as Dr. Mark Thornton points out.
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Medicare Advantage Reallocates Subsidies from the Sick to the Healthy
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Medicare Advantage Reallocates Subsidies from the Sick to the Healthy
Tax Code Already Exempts Large Amounts of Income, Unevenly
Friday Feature: Apogee Dripping Springs
Minnesota Lawmakers Consider Removing Free Speech Protection for AI
5 Reasons the US Should Not Spend Another Penny on the War with Iran
Politics
Contrary to what the Modern Monetary Theory advocates and their Chartalist allies are claiming, the 1690 colonial Massachusetts issuance of fiat money did not...
Politics
“77 percent of [Republicans] support the war, on average. But that’s exactly what we’d expect for almost any Trump policy.”
Politics
Is the state necessary? In this week’s Friday Philosophy, Dr. David Gordon follows Aeon J. Skoble’s argument that we can do without the state...
Politics
“Wright’s use of the word “unlikely” was a veiled concession that a spike to $200 was possible, though he repeated that the price jump...
Politics
Gold’s price dropped from close to $5,600 to less than $4,500 on Monday. Silver plunged 31.4% on Friday alone.
Politics
The market regulates accidents very effectively. If the state does not coercively interfere, competition between companies forces them to improve services to the maximum.
Politics
Mark Thornton presents a timely interview with Elijah K. Johnson that underscores how quickly “melt-ups” can flip into sharp corrections.
Politics
In most nations of any size, sectionalism is almost inevitable. How nations handle such divisions, historian Frank L. Owsley, determines if sectionalism is peaceful...
Politics
Will the Make America Healthy Again (MAHA) succeed? If the regulatory story of DDT is a prime example of government regulation in action, then...
Politics
There is no reason to be surprised by the total lack of commitment to any ideological standards. Nor is there any reason to expect...
Politics
One of the Austrian arguments against using mathematics to model economic phenomena is that there are no constants in economics, as things always are...
Politics
Thanks to the Federal Reserve, the US government will always have enough printed money to fund it tyrannical schemes.