[From chapter 23 of The Case Against the Fed.] Having examined the nature of fractional reserve and of central banking, and having seen how the questionable blessings of Central Banking were fastened upon America, it is time to see precisely how the Fed, as presently...
Economics
Short-sighted state governments rack up $1 Trillion in liabilities
by Bradley Thomas | Feb 18, 2020 | Economics, Featured Articles, Libertarianism, Politics
As if the national debt and federal entitlement liabilities weren’t enough. Now we get word that state governments have racked up more than a trillion dollars in unfunded healthcare benefits for state government workers. That’s trillion – with a ‘T’. In a report...
Foreign Aid Just Empowers Corrupt Regimes. End It.
by José Niño | Feb 13, 2020 | Economics, Featured Articles, Foreign Policy
The Senate’s vote to acquit Donald Trump on both articles of impeachment this month brought a much-needed end to the tiring impeachment saga America has been subject to in the last few months. The impeachment controversy arose when President Donald Trump initially...
China’s Economic Schemes Hurt the Chinese Most of All
by Patrick Barron | Feb 12, 2020 | Economics, Featured Articles, Foreign Policy
In his State of the Union Address—February 4, 2020—President Trump outlined his reasons for punishing nations that manipulate their economies in order to achieve some internal policy goal, such as China. The president claimed that such manipulation was unfair and...
In A True Free Market, It’s Hard To Be Rich
by Zack Sorenson | Feb 7, 2020 | Economics, Featured Articles, Libertarianism
One interesting feature of libertarian theory is its ability to offer a critique of corporate capitalism from the perspective of laissez faire economics. The political economics of societies with large corporations are troublesome, and if you read left-wing literature...
Politicians Still Misunderstand High Insulin Prices
by Raymond March | Feb 6, 2020 | Economics, Featured Articles, Justice
In 2015, the Centers for Disease Control ranked diabetes seventh among the leading causes of death in the United States. If current trends continue, skyrocketing death rates and other serious consequences of poorly managed diabetes will continue. Managing diabetes is...
Is Anarcho-Capitalism A Contradiction?
by Bradley Thomas | Feb 3, 2020 | Economics, Featured Articles, Libertarianism, Politics
Is it possible for a stateless society to adequately protect property rights? Any Rothbardian anarcho-capitalist has no doubt been confronted with the assertion that a state is necessary to enforce the property rights so vital to a market-based, capitalist system. Is...
Following Federal Lawsuit, Richland, Wa. Drops Unconstitutional Street-Fees Law
by Matt Powers | Jan 31, 2020 | Economics, Featured Articles
Following a federal lawsuit brought by the Institute for Justice, the City of Richland has ended its practice of unconstitutionally forcing homeowners to upgrade city streets as a condition of obtaining a building permit. As a result of that change, Linda Cameron is...