Milton Friedman and the New Attack on Freedom to Choose
We are in the midst of an open counterrevolution against liberty and limited government in the United States. This may sound like strong language…
America’s Fiscal Follies are Dangerously in the Red
The Congressional Budget Office has recently issued a federal “Budget Outlook Update” for the next ten years in the context of the government’s fiscal condition in…
Trump’s “American Greatness” Also Political Paternalism
Mind your own business. Every one of us has thought or said words to this effect when others have told us how to live…
Paul Krugman’s Ad Hominem Defense of Central Banking
One of the sorriest aspects of almost all political discussions nowadays is how often they seem to degenerate into rude ad hominem attacks rather…
Why the dollar bill has value?
Why the dollar bill in our pocket has value? The value of money is established, according to some experts because the government in power…
Gold and Free Banking versus Central Banking
In spite of the officially declared “independence” of the Federal Reserve from the immediate political control of either Congress or the White House, America’s…
Liberty Is the Theme of the American Spirit
July is the month when Americans celebrate the signing and then the announcement of the Declaration of Independence on July 4, 1776. While this…
Tragedies of Our Time: Pandemic, Planning, and Racial Politics
An old adage says that tragedies often come in threes. Certainly, the first half of 2020 has seen a version of this. First, the…
There Will Be No Recovery Without Production
Through most of the coronavirus crisis, those who have made the case for stay-at-home, reduce or stop work, and narrow the range of retail…
An “Austrian” Agenda for Post-Coronavirus Recovery
Everyone is hoping for the light at the end of the tunnel with the coronavirus crisis. There are few who are not exhausted with…