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https://youtu.be/eBAoSM5JrTc ... coercion benefits one party only at the expense of others. Coerced exchange is a system of exploitation of man by man, in contrast to the free market, which is a system of cooperative exchanges in the exploitation of nature alone. ......
I. Introduction In contrast to older historians who regarded World War I as the destruction of progressive reform, I am convinced that the war came to the United States as the "fulfillment," the culmination, the veritable apotheosis of progressivism in American...
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...
“In politics, stupidity is not a handicap,” Napoleon is reputed to have said more than two centuries ago. Boundless ignorance is also not a handicap, as Congress demonstrated last December by approving a 5593-page bill without reading it. Plenty of activists and...
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...
The solution to the twin problems of government corruption and wealth inequality is the creation of a decentralized state based on distributed ledger technology (DLT), combined with a sound monetary system back by either gold or a hard-capped cryptocurrency. Our...
Many intellectuals and philosophers have suggested that society would be better ruled if political power was concentrated citizens according to their knowledge. For instance, Plato proposed a system of governance, called Noocracy, where decision making is in the hands...
On January 11, 2021, Robert Wenzel authored a blog post entitled “Why I Would Like to See Twitter and Facebook Ban More Accounts.” In the post Wenzel makes the astute observation that social media platforms like Facebook and Twitter cannot kill off “deep thinkers from...
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