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...
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...
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...
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...
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...
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,...
For more than half a century, the global economy has operated under a monetary system divorced from gold. The 1971 collapse of the Bretton Woods system, where the U.S. dollar’s convertibility to gold was suspended, ushered in the fiat money era, a regime in which...
The newly born Reform Party UK, with its freshmen five members of Parliament, recently attempted to introduce a bill that would prohibit quantitative easing (QE) except for emergency situations. This was done through a procedure the British parliamentary system calls...
