Tuesday, September 26, 2017

Economics

Libertarianism Is More Than Just Market Fundamentalism

Libertarian critics and supporters alike often characterize our approach to social problems as “let the market take care of it.” If the government would just stop taxing and regulating us, so the narrative goes, all...

Austrian Economics Could Better Explain Politics

In a previous article, I discussed a theory of conflict framed by economics.  I suspect that my thoughts touch on Rothbard's elusive category of Praxeology: the "Theory of Hostile Action". I stumbled upon the idea...

The Debt Ceiling and Magical Government Accounting

Last Friday, on September 8, President Trump signed into law a new 3-month suspension on the debt ceiling. On that same day, the US Treasury decided to celebrate the event by borrowing an additional...

How the Feds Blocked Effective Flood Insurance

As the floodwaters brought by Hurricane Harvey last week recede and new hurricane Irma moves slowly toward the Eastern U.S., it might be edifying to review how millions of Americans, despite federal anti-flood efforts,...

How Welfare States Make Us Less Civilized

Throughout history, the state has justified itself on the grounds that it is necessary to protect us from others whose habits and beliefs — we are meant to believe — are dangerous. For millennia,...

Mr. President: Close Down More ‘Advisory Councils’

So President Trump closed down his "Manufacturing Council" and no one cheered? What a shame. Why was there a "Manufacturing Council" to begin with? It's not the job of the president to meddle with our economy....

TGIF: Immigration and Social Engineering

Immigration brings out the social engineers and central planners across the political establishment. We see this clearly in the debate over Donald Trump's support for legislation that would cut legal immigration in half while...

Healthcare: A House Divided Cannot Stand

The latest healthcare initiative from the Trump administration and the Republican Party’s leaders in Congress seems set to sink just like the last version. Mitch McConnell can’t seem to round up the votes to...

The Big Crash Is Coming

American statists are convinced that the modern-day United States is immune from an economic catastrophe arising from its welfare-state, regulated-economy way of life. They say that out-of-control federal spending and debt is nothing to...

What Some Stocks Are Doing Now is Crazy

We saw a lot of stocks go up huge in May and then have key reversal days on June 9th on high volume. NVDA for instance went up over 68% in less than six weeks. Then...
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