Stop Fighting Your Neighbor: The Mechanics of State Power and How to Opt Out
The modern state doesn’t get its power from the consent of the governed. Instead, it creates crises and then uses coercion to
The Giffen Good
Silver isn’t a “Giffen good.” It’s a case of shifting demand, not broken economics.
Brazil’s Social Function Trap: When Property Becomes Conditional, Markets Become Political
While Brazil calls itself a constitutional democracy that has a market economy, private property and markets themselves are subject to conditions set
History Is Not a Mathematical Calculation
Understanding history is not about understanding formulas or narratives. Instead, we must understand the people who made history, their motives, and their
Machiavelli Is Dead: Why Politics Without Property Rights, Rules, and Moral Limits Cannot Work
Modern political economy is based upon a Machiavellian belief in might makes right. Yet, political power cannot accomplish what free markets and
We Will Barro You
Economist Robert Barro has questioned the necessity of fighting a war in this country to end slavery. In this week's Friday Philosophy,
Why Politicians Want Higher Home Prices
Ryan McMaken of the Mises Institute and Christopher Calton of the Independent Institute talk about why politicians want higher home prices. Even
Machiavelli Is Dead: Why Politics Without Property Rights, Rules, and Moral Limits Cannot Work
Modern political economy is based upon a Machiavellian belief in might makes right. Yet, political power cannot accomplish what free markets and
The Ruthlessness and Brutality of the US Government
From time to time, the American people need to be reminded who is the boss. The boss is the US government. The