Big Government

Ludwig von Mises begins by recounting the origin and semantics of the term welfare state.

The coronavirus impact adds to an already weak and bloated global economy that was showing poor growth, high debt, and an evidently disappointing earnings season before any epidemic was included in estimates.

Mayor Bloomberg is an antipopulist, and is thus, unlike Trump, a very polite and subtle authoritarian with alarming indifference to civil liberties and legal limits on his own power.

It is ironic that a president who has been the victim of so much deep state meddling has done the deep state’s bidding when it comes to Assange and Wikileaks. The deep state that Trump is serving by persecuting Assange is the same deep state that continues to plot his own ouster.

The so-called CLEAN Future Act is as poorly designed as its acronym. Like the Green New Deal, it consists of radical new spending proposals that the bill’s supporters would have liked for other reasons, and which aren’t even compatible. 

State lawmakers possess an infinite source of good intentions. Wielding the power of this limitless benevolence and munificence, politicians are regulating the lives of citizens while eviscerating their existence in the process.

The repeated failure of prohibition may be just the catalyst that Austrian economics needs to gain traction with the American public.

It's a paradox: never before has a government in human history assumed unto itself the power to regulate the minutiae of daily life as much as this one.  At the same time the United States is overall the wealthiest society in the history of the world.

A universal basic income can easily be weaponized as a tool to punish "antisocial" behavior such as holding "unacceptable" political views or otherwise engaging in what the state doesn't like.