The Betrayal of the Canadian Liberals
The Canadian Liberal Party began as a party of classical liberalism, radically supportive of freedom and free markets. But those days are long over.
The Canadian Liberal Party began as a party of classical liberalism, radically supportive of freedom and free markets. But those days are long over.
The Nuremberg prosecutors wanted to indict the Nazis on trial for crimes, but at the same time they wanted to preserve the dogma that the modern European nation-state is the culmination of moral progress. This created a conundrum.
In case you doubted that California's politicians are firmly committed to ever-higher levels of taxation, California is now trying to retroactively impose sales taxes on out-of-state retailers going as far back as 2012.
Many healthcare professionals have happily embraced the same attitude as cops: "We're experts, don't you dare question us." But the 100,000 yearly medical-error deaths suggest this expertise ought to be questioned more often.
If the FBI and the Pentagon have already demonstrated their officials are willing to break and bend rules to obstruct Trump, why believe the administrative class when they insist elections are free and fair and all above board?
The Marxist dialectic was purported to explain every development in Soviet society. But so much wishful thinking was required that eventually it all just became a subject for jokes.
Consumers are indeed sovereign, but the reason consumers can exercise their sovereignty is that entrepreneurs have already borne the uncertainty of production to make the goods available for purchase.
Once upon a time, those in power were smart enough to recognize the importance of popular support. Now the arrogant behavior of those in power is sowing the seeds of true subversion of federal authority.
The 1920s featured political détente, debt liquidations by prior consumer price inflation, an introductory stalling of monetary inflation, a German economic miracle, and a broad-based technological revolution. The 2020s have none of these.
Jeff Deist, Ryan McMaken, and Tho Bishop discuss Wednesday's takeover of the US capitol building. What are the potential long-term effects, and just how much of a double standard does the American media have?
Mobilization and separation, not persuasion, is the way forward.
The United States has gone through at least six "party systems." Populism, war, or economic crises usually trigger a change from one system to another.
In January 1921, thirty-five hundred people packed the Lexington Theater in midtown Manhattan to hear a debate of socialism. Ludwig von Mises in Vienna later called the debate "instructive."
No matter how bleak the economy may be, the Keynesians are likely to say, “It would have been worse without us.”
Let us begin with what CBDCs definitely are not: they are not a new kind of cryptocurrency akin to bitcoin.
Six hundred dollars, two thousand, or how about one million per person? How much money should a government give its people to get the wheels of commerce turning again?
The Left has often claimed that privatization is a neoliberal scam. But actual experience suggests privatization schemes have improved access to goods and services while raising productivity and real incomes.
Deficits still matter, largely because they require monetary policies that lead to bubbles, inequality, and the slow Japanization of the US economy.
Tom Woods joins us for a special year-end show to make the case for becoming a serious reader in 2021!
There's no reason to assume 2021 will bring a reversal of 2020's trends. Many of the fights that began in 2020 are likely to intensify in the new year.