There’s a 101-year-old law most Americans have never heard of, one that shaves tens of billions of dollars out of the U.S. economy every year for the narrow benefit of politically-influential shipbuilders, shipyard unions and shipping lines. The Jones Act does that by...
Vice President Kamala Harris visited Guatemala earlier this week to bestow millions of dollars in new foreign aid on that government. The Biden administration is pretending that giving more US tax dollars to Central American governments will miraculously reduce the...
The British Austrian economist W.H. Hutt was a great critic of Keynes’s economic theories. However, his speculations on why the New Economics revolution happened are even more fascinating. Hutt shows it to be a fundamentally dishonest undertaking. Keynes held a...
https://www.youtube.com/watch?v=y-AVGumi40U ... my basic motivation for being a libertarian had never been economic but moral. ... While I was convinced that the free market was more efficient and would bring about a far more prosperous world than statism, my major...
That Austrians and Keynesians do not share many views on economics (or probably anything else) is obvious, so a difference of opinion between the two hardly should surprise anyone. However, it still is important to point out the differences between the two camps,...
https://youtu.be/nohK6D99wVc In a socialist state, the government has arrogated to itself virtually all property and power of the country. Murray N. Rothbard Economic Controversies, p. 446 LBRY / Odysee:...
In a recent issue, Time Magazine boldly declared, “The Free Market Is Dead,” and then added: “What Will Replace It?” Of course, one always can expect Time to be disingenuous at best and dishonest at worst, and as an academic economist, I have come to realize that...
Marijuana freedom is a good thing. The taxation of marijuana is a bad thing. Unfortunately, owing to the greed of spendthrift politicians, it looks as though we will have to take the good with the bad or not at all. Now, this does not mean that smoking marijuana is...
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