The true aim of our political system is to transfer wealth to the government and the politically-connected.
The true aim of our political system is to transfer wealth to the government and the politically-connected.
In recent years we have repeatedly seen how the Federal Reserve's much-touted two-percent price-inflation goal is little more than a political slogan.
Jeffrey Miron A common critique of marijuana legalization asserts that marijuana use causes mental illness. Numerous studies document a correlation between use and conditions such as psychosis. This evidence, however, does not pin down the degree to which use causes, versus results from, reduced mental health. Indeed, mere
Modern historians romanticize the reign of the Tudors in England, but in reality, they were brutal to their subjects and they centralized power to the detriment of the people. Governments today continue this march against freedom.
The dockworkers strike will increase prices while generally acting "in restraint of trade." This, we are told, is exactly what big corporations want.
Critics of Austrian Economics often claim that real economic events are too complex to be dealt with via free markets. However, because Austrian economics is based upon understanding human action, it better explains why economic intervention routinely fails.
Tuesday night’s Vice-Presidential Debate was remarkable not for what was said (which was forgettable), but for what was not asked: What should be the proper role of government in what purports to be a free society? Neither candidates nor the moderators were interested in that