Fiscal Theory
Unintended Consequences in the Process of Socializing Health Care
The movement towards socialized medicine is strong but widely misunderstood.
Introduction to Strigl’s Capital & Production
Apparently in the 1930s only Mises was courageous enough to point out that political organizations were responsible for the unnecessary aggravation of the economic crisis of 1929.
Review of Gene Epstein, Econospinning
How to Build a Railroad
Like Anthony Gregory, I agree with many of the nominees for the “
Perpetual Trade Deficits Can Be Good
However, a large trade deficit — even one that persists for decades — is not necessarily bad or unsustainable.
America’s Siberia
It appears that the Appalachians are about to move again. Earthquakes? Shifts in tectonic plates? Not this time.
What Caused the Liquidity Crunch?
It follows that liquidity could come under severe pressure if the Fed decides to cling to the current fed funds rate target whilst the economy is weakening.
Real Tax Reform
It is only because we have a monstrous welfare/warfare state that the government "needs" to collect an income tax. The beginning of Clinton's presidency was not that long ago. The income tax can be abolished. It can be done quickly; it can be done painlessly — and it can be done for the benefit of the American taxpayer instead of the federal leviathan. Now that is real tax reform.