For the individual actor, "as for everyone, other people’s labor as offered for sale on the market is nothing but a factor of production. Man deals with other people’s labor in the same way that he deals with all scarce material factors of production. He appraises it...
Economics
TGIF: That Was the Election that Was
One can be overjoyed by the repudiation of a candidate without being pleased with the opposing candidate's victory. This election is an occasion for that reaction. An American (or anyone actually) is perfectly justified in taking pleasure in Kamala Harris's...
Right Diagnosis, Wrong Prescription
The populist Sanders-left (which is actually broader because it includes Tucker Carlson and others called rightists) is partly correct and partly incorrect about what happened to the Democrats last Tuesday. They say correctly that the Democrats failed because they...
The Destruction and Cronyism of the Green Agenda
At the behest of the green lobby, western governments are driving full throttle down to arrive at a utopia where state intervention has stopped the permanency of climate change. Net zero refers to reaching a point where all the emissions produced by a nation are...
Will We Witness a Fed Chair Who Believes in Gold?
Having reviewed multiple books on monetary reform over the past few years, such as Lev Menand’s The Fed Unbound: Central Banking in a Time of Crisis and Brown and Pringle’s A Guide to Good Money: Beyond the Illusions of Asset Price Inflation, I was predictably eager...
The Myth of an American Housing Shortage
Everybody knows housing unaffordability and home sticker prices peaked at all-time highs in 2023, even higher than the peak of the 2007 real estate bubble in real terms. Both sticker prices and median mortgage payments for homes remain today at among the most...
TGIF: Election Reflections
The history of the human race is one long story of attempts by certain persons and classes to obtain control of the power of the State, so as to win earthly gratifications at the expense of others. --William Graham Sumner, 1883 For advocates of individual liberty,...
No Matter Who Wins, Our Wallets Are Going to Lose
Between Kamala Harris and Donald Trump, there is little reason for hope as far as high prices go. Despite both campaigning on making prices lower—something patently ludicrous on its face—a look at their actual policy proposals cannot but lead the economically informed...
Podcasts
