Not satisfied with the capture of most of our institutions, the ruling elites have gone full Orwell in redefining the term "human rights." It is their own version of Newspeak.
Nicholas Anthony The Financial Crimes Enforcement Network (FinCEN) has been the subject of scrutiny for years over its lack of transparency. The agency recently started to provide some information to the public but that information largely confirms long-held suspicions, namely that the Bank Secrecy Act’s mandatory
The US federal government is the nation's largest landlord and still owns 28 percent of the land in the US. The time has come for large-scale privatization.
The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity costs, which is why American slave owners depended upon several government regulations to subsidize their “peculiar institution.”
The Perfect Market Hypothesis claims that all movements in the market can be considered as random, as market players and prices adjust immediately to new information. However, market players do seek new information and seek to use it.
Joshua Mawhorter argues that slavery persisted largely due to government intervention rather than free-market mechanisms and highlights the inefficiencies and extensive costs associated with maintaining the institution.
Marx built his infamous Labor Theory of Value on the premise that labor itself was a commodity. However, as Mises and other Austrians have noted, Marx failed both at understanding the complexity of labor and subjective value theories.