Politics
The US fiat monetary regime not only has given us inflation and boom-and-bust cycles, but it also is the main contributor to the out-of-control...
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Politics
Murray Rothbard famously asked Cui bono? to help unearth government scandals. Kenya’s politicians certainly benefitted from the Eurobond affair.
Politics
Ludwig von Mises had many insights about immigration. As one might expect, he foresaw problems with open borders, but also believed immigration could benefit...
Politics
Record-low consumer confidence and record-strong corporate earnings aren’t a paradox: they’re the Cantillon effect in real time. Mark Thornton explains who inflation rewards, who...
Politics
Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.
Politics
The standard line among most economists is that deflation is as bad or even worse than inflation. In reality, the economy needs deflation now...
Politics
Ryan McMaken looks at the latest jobs numbers form the federal government and why so many workers and families appear to think the economy...
Politics
Overall, 64 percent of respondents sad that Trump’s decision to go to war with Iran was the wrong decision.
Politics
Systems do not collapse when they finally become unstable; they appear stable until the moment their failure can no longer be ignored.
Politics
Those who use Catholic social teaching to defend socialism forget Pope Leo XIII’s Rerum Novarum, published in 1891, which strongly condemned socialism and defended...
Politics
What might be the process of a society moving from being unfree to being free? Here is one scenario.
Politics
The Shiller CAPE ratio has only been higher once in 150 years. The Buffett indicator is 2.5 standard deviations above trend. 40% of the...
Politics
Last week’s CPI report, and this week’s PPI report both showed price inflation surging to multi-year highs, and not just on oil prices.
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...