While F.A. Hayek contributed much to the Austrian School of Economics, he also supported the establishment of the welfare state, believing that it was compatible with the rule of law. Ludwig von Mises, however, knew that the welfare state is the ubiquitous slippery slope.
Herbert Butterfield, who taught history at Cambridge, had many insights on the sea changes brought about by World War I and the collapse of the Old World Order. The new order that followed, he realized, was not an improvement over what previously existed.
While Bitcoin and other cryptocurrencies can boggle the mind with their complex relationships, nonetheless, we are witnessing the development of a parallel economy that has sprung up in the wake of harmful government intervention.
While Bitcoin and other cryptocurrencies can boggle the mind with their complex relationships, nonetheless, we are witnessing the development of a parallel economy that has sprung up in the wake of harmful government intervention.
Herbert Butterfield, who taught history at Cambridge, had many insights on the sea changes brought about by World War I and the collapse of the Old World Order. The new order that followed, he realized, was not an improvement over what previously existed.
The Nigerian government has passed a new minimum wage law, and the usual suspects are happy because the country "is getting a raise." Economic reality, however, will set in soon enough as people find that government edicts do not create wealth.
Cantillon is probably the smartest, most mysterious, wealthiest, and most socially-relevant person in the history of the world that no one has ever heard of.
Professor Tara Smith tries to set the record straight regarding Ayn Rand, Objectivism, and reason. Unfortunately, as David Gordon demonstrates, Smith's analysis misses the mark.
In writing about the scope and history of education in the U.S., Albert J. Nock had high hopes for its future. Even though much of it has degenerated into wokeism and outright mediocrity, there always seem to be green shoots of learning coming from those who still value learning.
Rachel Maddow, the leftwing broadcaster, tries her hand at rewriting history. Unfortunately, her tendency to see a fascist hiding behind every bush and tree clouds her writing judgment.
