This week the U.S. government reached its 31.4 trillion dollars borrowing limit, better known as the “debt ceiling.” This led to a showdown among House Republicans, President Biden, and congressional Democrats. House Republicans are demanding that President Biden and...
Free Market
Libertarianism and Catholicism Mesh Better Than You Think
by Kate Westwood | Jan 23, 2023 | Featured Articles, Libertarianism
Can Catholics Be libertarian? According to an American Values Survey, libertarians make up at least 7% of Americans. In addition, about 15% of Americans would consider or already do vote for libertarian values, even if they’re not exclusively affiliated with the...
A Defense of Mutual Aid Societies
by Zack Sorenson | Jan 19, 2023 | Economics, Featured Articles, Libertarianism
The libertarian community is unique on account of its ability to ignore standard political and social conventions. Libertarians value freedom and understand why it needs free markets. However, libertarians do not possess a conservative loyalty to the system as it is...
TGIF: Where Socialists Go Wrong
by Sheldon Richman | Jan 13, 2023 | Featured Articles, History, Libertarianism, Sheldon Richman, TGIF
Since socialism is "in" today -- even though many people who say they favor it have no idea what it is -- F. A. Hayek's last book, The Fatal Conceit: The Errors of Socialism (1988), is worth checking out. Hayek, the late great Nobel-laureate economist of the Austrian...
No More ‘Better Mousetraps’: How Financialization Discourages Technological Improvement
by Zack Sorenson | Jan 11, 2023 | Economics, Featured Articles
Capitalism is a social technology that directs resources toward valuable uses, increasing the total wealth in society. As a social technology, it organizes people and resources into systems and processes. When capitalism directs resources toward processes that...
Stop Confusing Globalization With Globalism
by Connor O'Keeffe | Jan 5, 2023 | Economics, Featured Articles
After the 2008 financial crisis, calls rang out across establishment publications and the executive offices of Wall Street that we were witnessing the death of globalization. The calls grew louder and more numerous after Brexit, the election of Donald Trump, the...
Why Is Everything Getting So Expensive?
by Richard Ebeling | Jan 3, 2023 | Economics, Featured Articles
The United States and most of the rest of the world are, once again, in the midst of an inflationary crisis. Prices in general are rising at annualized rates not experienced by, especially, the industrialized countries of North America and Europe for well over 40...
Debunking Left & Right Wing Socialism (feat. Dave Smith)
by Keith Knight | Dec 30, 2022 | Don't Tread on Anyone
https://youtu.be/KvPKGOTz4mw There exist two blatant contradictions which roughly ninety-nine percent of intellectuals, journalists, and voters erroneously believe. On the one hand, they say that the free market must be regulated in order to prevent monopolies. It is...
Empirically, Interest Rate Manipulation Doesn’t Work
by Thomas Eddlem | Dec 19, 2022 | Economics, Featured Articles
It’s an economic article of faith among almost every school of economic thought that central banks raising interest rates curtails economic growth and lowering interest rates stimulates short-run economic growth. The problem with this assertion by nearly every...
We Need More Energy, Not Energy Regulation
by Connor O'Keeffe | Dec 13, 2022 | Featured Articles
Energy is a highly regulated industry across the world. There is less debate about the need for government control when it comes to the oil and gas sector. The arguments that most people accept for government intervention in energy, whether in the name of energy...
The ‘Mother of All Economic Crises’
by Ron Paul | Dec 13, 2022 | Economics, Featured Articles
Nouriel Roubini, a former advisor to the International Monetary Fund and member of President Clinton’s Council of Economic Advisors, was one of the few “mainstream” economists to predict the collapse of the housing bubble. Now Roubini is warning that the staggering...
Imagining a Revived, Twenty-First Century Capitalism
by Zack Sorenson | Dec 6, 2022 | Economics, Featured Articles
The death of capitalism has been a common topic of conversation lately. Millennials seem resigned to it, the younger generations can’t wait for it. Bastions of global capitalism—alleged capitalism—such as the World Economic Forum in Davos are quite eagerly promoting...
Remembering Rose Wilder Lane
by Timothy Sandefur | Dec 6, 2022 | Featured Articles
It was on this day in 1886 that the journalist and author Rose Wilder Lane was born in a little house on the prairie that she and her mother, Laura Ingalls Wilder, would later make famous. A brilliant, moody, and independent spirit, Rose was eventually to become one...
There Is No ‘Master Planner’ Behind the State’s Curtain
by David Hathaway | Dec 1, 2022 | Featured Articles, Libertarianism
It’s the state. There is no master plan. There is no big brain running the show. The grand, seemingly “coordinated,” societal evil we observe is just a product of the state. It comes from the state sanctioning a market for evil; a market for the proceeds of theft; a...
Blog
Christopher Hitchens Lied About the Cause of Terrorism
"The suicide murder community is almost perfectly faith based." - Christopher Hitchens On Real Time With Bill Maher, Hitchens claims that because an Islamist in the 1800's used the Koran to justify atrocities, it means that today the issue with Al-Qaeda is due to the...
War is a Euphemism for Mass Murder
To kill one man is to be guilty of a capital crime, to kill ten men is to increase the guilt tenfold, to kill a hundred men is to increase it a hundredfold. This the rulers of the earth all recognize, and yet when it comes to the greatest crime — waging war on another...
Empower the Working Class: Abolish Occupational Licensing
It's time to consistently apply the "my body my choice" principle. If consenting adults want to engage in economic activity, no third party should forcibly stop them. Democrats always say "voting once every two years between two politicians is how you express...
Death By Climate: Down 97% in Last 100 Years
Our schools provide many hours of lessons on climate change, but I wonder how many teachers, let alone pupils, are aware that climate-related deaths have decreased by as much as 97 per cent over the past 100 years, as the OFDA / CRED data show. - Why don’t we ever...
Black Youth Unemployment: Before and After Progressives Started “Helping”
A constant trend is progressivism is to use the state to coercively control others under the guise of "helping" them, make things worse, then ignore the problems you caused and never apologize. Sallie Mae loans didn't make college affordable. The Federal Reserve...
What Kind of Liberal?
Not to put too fine a point on it, but I am a Locke-Smith liberal.
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