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...
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Politics
With some simple logic and using Hobbes’s own presuppositions and arguments, we can internally critique Hobbes’s argument for the state, namely, that the state...
Politics
As the economy falters, socialists are getting elected, promising free goods and services and an end to the chaos. Even when they make things...
Politics
In the year since Donald Trump’s “liberation day” in April 2024 fewer Americans are now working, and inflation-adjusted hourly earnings are still below where...
Politics
In 1871, the “discovery” of marginal economic analysis soon took a wrong turn, moving towards quantification, data, and mathematics. It is time to “rediscover”...
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
In commemoration of Murray Rothbard’s 100th birthday, Bob shares five “greatest hits” from Rothbard’s economics, covering deficits vs. inflation, monopoly theory, excess capacity, the...
Politics
Growth in gross domestic product was down sharply from 4.4% in last year’s Q3 and 3.8% in Q2. The fourth-quarter number was half the...
Politics
When someone argues in favor of state control of economic processes, they are, by definition, presenting an argument based upon the ad baculum fallacy,...
Politics
The Duke Lacrosse Case would never have been a legal item had not the police and prosecutors of the case lied and broken the...
Politics
The radical classical liberals of the past were not so naive as to think that words on paper would prevent the abuses of the...
Politics
The radical classical liberals of the past were not so naive as to think that words on paper would prevent the abuses of the...