Barack Obama: “If you’ve got a business -- you didn’t build that. Somebody else made that happen.” Bernie Sanders: “I don’t think that billionaires should exist.” AOC: “No one ever makes a billion dollars. You take a billion dollars. People become billionaires only by...
Free Market
Socialism in Education
It would be virtually impossible to find a better example of socialism here in the United States than the public schooling systems that exist in every U.S. state. Ironically, it is this socialist system that is primarily responsible for the widespread belief among...
Foreign Aid Just Empowers Corrupt Regimes. End It.
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
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
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...
Ice and Fire
The relationship between conservatism and libertarianism is a tenuous one. However, such was not always the case. Fellow travelers of both groups were united in opposing Roosevelt’s New Deal. The work of the late economist Murray N. Rothbard (1926–1995) on the “Old...
The State Is a Predator. It Can’t Be Used to Achieve Libertarian Ends
Tyler Cowen, who is said to be “known as one of the libertarian world’s deepest thinkers,” recently wrote a blog post entitled “What Libertarianism Has Become and Will Become — State Capacity Libertarianism.” There, Cowen asserts that libertarianism “is now pretty...
Is Anarcho-Capitalism A Contradiction?
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...
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