What would the political left (and for that matter, the right) do if they found that one of the biggest factors in income inequality was not top income tax levels, but inflation? It might lead to a revolution and a grand coalition among people of ideologies across the...
It is understandable if folks are baffled and dismayed by the news that confronts us each day. The Babylon Bee can barely keep a step ahead of the nitwittery we see playing out in real time. For example, California politicians decided to take money from taxpayers in...
Anthony Fauci has announced that he will step down from his position as director of the National Institute of Allergies and Infectious Diseases (NIAID) and, more importantly for free people, his role as the de facto public health czar of the United States. He has...
Lately I’ve heard libertarians ridiculed because their argument against some law boils down to, “Because freedom.” Why shouldn’t we have inheritance taxes? Because freedom. Why shouldn’t we ban handguns? Because freedom. Why shouldn’t we have an affirmative...
Decentralization of power is one of the defining features of the freest societies in the world today. A unitary federal government cannot and should not be attempting to unilaterally impose its will upon millions of people whom it has little to no knowledge of or...
The brilliant people in the Biden administration and the U.S. Congress have decided that one thing America really needs is an Internal Revenue Service (!) fortified by 87,000 more employees and 80 billion more dollars so it can help reduce the inflation that currently...
The most important question for asset prices right now, from stocks to houses to Bitcoin, is whether we’re due for a recession. Last week we got confirmation that according to the traditional definition of a recession—two quarters of negative growth—we are already in...
The following is a section from The Voluntaryist Handbook, organized by Keith Knight. 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...
The foundation of our economy is the patent. If you invent something, you need a patent. We assume that without patent law, society would be stuck in an economic malaise. We'd be stuck in the Dark Ages. However, that isn't true. The opposite is. Patents hold our...
In March of 2020 COVID-19 spread to the shores of the United States, introducing a medical threat that had all the signs of devastating families from sea to shining sea. But in the shadows, slipping in under the veil of a potentially deadly pandemic, another threat...
As President Joe Biden’s tax policy discussions start heating up, some familiar lies have made their way back into the political parlance. There are four specific lies upon which I’ll focus here: The rich need to pay their “fair share” The Trump tax cuts only went to...
This last weekend, the Mises Caucus, a coalition within the Libertarian Party, was elected to all national positions within the party. For some, Mises control caused consternation: Aaron Ross Powell is a research fellow at the Cato Institute, a premier libertarian...
One of the most significant (and often abused) clauses in the U.S. Constitution is the “Necessary and Proper” Clause. The clause states: “The Congress shall have Power… To make all Laws which shall be necessary and proper for carrying into Execution the foregoing...
One of the stranger narratives coming out of the controversy over Disney's "special district" in Florida is the notion that Disney's Florida property is some sort of truly independent self-governing entity operating without government oversight. Most claims in this...
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