Of course “principles,” phrases, and catch-words are always invented to bolster up any policy which anybody wants to recommend. So in this case. The people who have led us on to shut ourselves in, and who now want us to break out, warn us against the terrors of...
Economics
Plutocratic America’s War on the Working Class
Establishment Democrats have long whined that working people pay a higher rate of combined income and payroll taxes than billionaires. They’re not wrong. Income from labor is taxed three times (payroll taxes, income taxes, and inflation) while income from capital is...
TGIF: The Aim of Classical Liberalism
These are dark days for liberalism. I mean full, across-the-board, laissez-faire free-market, classical liberalism, otherwise known as libertarianism. While some budget-cutting and bureaucracy slimming will probably go through, those steps, though necessary to advance...
Squaring the Libertarian Circle on Tariffs and Immigration
President Donald Trump claimed in a statement that his tariffs would help with “the major threat of illegal aliens.” This is a puzzling claim. While it might be true that tariffs can be used as a tool for negotiations with Mexico, immigration control and trade...
Can the United States ‘Grow’ Its Way Out of Debt?
Just as today, in the years following World War II the United States faced a national debt exceeding 100% of GDP. Yet, by the early 1970s, that figure had fallen to around 30%. Many policymakers and commentators today point back at this period as proof that economic...
TGIF: Free the Housing Market!
Economist Bryan Caplan has done it again. His latest graphic nonfiction book is Build, Baby, Build: The Science and Ethics of Housing Regulation, illustrated by Ady Branzei and published by the Cato Institute. (His first was Open Borders: The Science and Ethics of...
Auditing America’s Gold Isn’t an Option, It’s a Necessity
A Twitter/X exchange over the weekend is bringing new light to an issue long shrouded in mystery: the status of America’s purported stockpile of 8,133 tons of gold stored in Fort Knox and other government vaults across the country. News aggregator ZeroHedge tweeted at...
TGIF: Emergency! Emergency?
Look, as a libertarian I think the list of federal entities to be abolished soon should include the: Consumer Financial Protection Board, Federal Trade Commission, Federal Communications Commission, Securities and Exchange Commission, Federal Reserve System,...
Podcasts
