Prussian general and military theorist Carl von Clausevitz famously said that "war is a continuation of politics by other means." I think we can reverse this: politics is war by other means. The ultimate aim of politics (in the narrow sense of the word; there's a more...
Economics

Bitcoin vs. Wall Street
by Tom Luongo | Dec 14, 2020 | Economics, Featured Articles
The big worry among the bitcoin perma-bears is the threat of government ‘making it illegal.’ The latest bogeyman on this front is none other than U.S. Treasury Secretary Steve Mnuchin. Rumors float that he’s considering outlawing ‘self-custody wallets,’ in effect...

Libertarian Messaging For 2021: Part 1
by Peter R. Quiñones | Dec 4, 2020 | Economics, Foreign Policy, Libertarianism, Peter Quinones
This is a continuation of my pieces on the LP and what it would take for me to support them. The great Dave Smith made a Tweet yesterday in which he laid out what the libertarian message should be for 2021. Since he is confined to 280 characters by Twitter I thought...

Suffocating Dissent Ep. 137
by Patrick Macfarlane | Nov 14, 2020 | Economics, Libertarianism, Politics, Vital Dissent
https://youtu.be/fb9hc79vjg4 The Great Keith Knight joins me once again as I share how I recently made a scene at Papa Johns. We demolish the theory that masks are effective at preventing the spread of COVID-19, and use economic parallels to illustrate how COVID-19...

Booms & Busts: An Analysis of Easy Money
by Frank Shostak | Nov 13, 2020 | Economics, Featured Articles
According to the popular way of thinking, various economic data can provide an analyst with the necessary information regarding the state of the economy. It is held that by inspecting various economic indicators such as the gross domestic product or industrial...

The Myth of Nordic Socialism
by Eben Macdonald | Nov 1, 2020 | Economics, Featured Articles
Socialism has failed repeatedly. Wherever you look—Cuba, Venezuela, India, France—the system has caused economic turmoil, stagnation, and even violence and oppression. But fear not, we are told—that was socialism simply “not done properly.” True socialism, however,...
How Trump’s China Trade War Failed
by Brad Polumbo | Oct 31, 2020 | Economics, Featured Articles
President Trump was elected on an anti-trade agenda in 2016, and promised that tariffs and protectionist measures could restore the US manufacturing sector. After winning the White House, the president imposed tariffs on hundreds of billions of dollars worth of...
An Economy Cannot Be Crippled
by Sheldon Richman | Oct 26, 2020 | Blog, Economics
Lockdown doesn't cripple "the economy." It cripples people who are trying to live. Strictly speaking, there's no economy. There are people interacting in particular ways regularly.