The Fundamental Economic Problem with Biden’s Rescue Plan
Do huge wealth redistribution schemes like Biden’s new plan actually make people better off? Some people will get a net benefit. How how numerous are they? How many millions will …
Mises Wire
Keynes Thought Scarcity Would Disappear in the Near Future. Boy, Was He Wrong.
The Price of Peace: Money, Democracy, and the Life of John Maynard Keynesby Zachary D. CarterRandom House, 2021 [2020]xxii + 628 pages For many people, though not, to be sure, …
Washington’s Bipartisan Fiscal Folly
For years, I have been sounding the alarm about chronic federal deficit spending—practiced by both Republicans and Democrats—steering our country into a fiscal abyss. I feel like a broken record as I …
Vengeance and Sacrifice: Whiteness as Scapegoat in Critical Race Theory and Critical Whiteness Studies
The ideas of critical race theory and critical white studies shield a ruling elite from vengeance by attempting to make the mass of white people the scapegoat for their own …
Should the State Support the Arts?
Ought the state to support the arts? There is certainly much to be said on both sides of this question. It may be said, in favor of the system of …
An Autoethnographic Account of the Free Market: My Father
Instead of approaching the free market abstractly, in this short series, I’ll approach it from the standpoint of my own experience. In short, I’ll treat the free market in an …
The Bureaucrat as a Voter
Representative democracy cannot subsist if a great part of the voters are on the government payroll. If elected officials no longer consider themselves servants of the taxpayers but deputies of …
Rothbard on the Betrayal of the American Right
America’s “Old Right”—rooted in 19th century liberalism but birthed in the 1930s to oppose the New Deal—was strongly laissez-faire and non-interventionist. Murray Rothbard wrote the comprehensive story of that movement, …
Social Media’s Algorithms Aren’t Really Controlling You
Senator Josh Hawley’s just-published The Tyranny of Big Tech (Regnery, 2021) raises important issues. Hawley asks, for example, Do Facebook, Twitter, and YouTube censor views that that their managers do …
Due Process on Campus Keeps Justice on the Streets
Politics moves from campus to Main Street. The next political attack is likely to be on due process—the foundation of Western justice itself. Much depends on which side of the …