Harry Truman: Advancing the Revolution
[Excerpted from “Harry S. Truman: Advancing the Revolution,” in Reassessing the Presidency: The Rise of the Executive State and the Decline of Freedom] A “Near-Great”? When Harry Truman left office …
Mises Wire
Explaining Kenneth Arrow’s Impossibility Theorem for Social Choice
First Bob explains his contest involving Adventures in Pacifism–winner gets 100 smackers. Then he explains the incredibly powerful, and surprisingly Austrian, result by which Kenneth Arrow showed it was impossible …
Taxation and Forced Labor
Not only is taxation theft, but by taking away part of the money you earn, the government is forcing you to work for it. Original Article: “Taxation and Forced Labor“. …
Dan McCarthy Trusts the People More Than the Elites
Dan McCarthy, Editor at Large of The American Conservative, joins Bob to discuss his view that conservatives and libertarians should stop heaping contempt on democracy. McCarthy argues that the elites …
There Is No Chinese Economic Miracle
The year 2020 will be an extremely tough year for the European economy. Added to an unprecedented drop is a strong impact in the fourth quarter due to the new lockdowns. Morgan …
Thanks to Lockdowns, American Big Cities May Not Be Worth the Trouble Anymore
All due deference to Jerry Seinfeld, the man who is one of the geniuses behind the greatest American sitcom about nothing, but in the recent war/argument/discussion/exchange over the status and future …
The Rise of Mega–Gambling Facilities: A New Skyscraper Curse?
Circa casino’s new three-story, 78 million–pixel, high-definition screen in its sportsbook gambling compound may represent a new frontier in mega–building trends similar to those of skyscrapers. Original Article: “The Rise …
Joe Biden Wants a Huge New Tax on Gun Owners
Joe Biden’s gun policy platform offers support for almost all conceivable forms of government restrictions on the Second Amendment. This include bans and restrictions on sales, expansion of registration and …
Slavery: The “Broken Window” of American Economic History
The New Historians of Capitalism have unleashed a renaissance in the study of slavery as foundational to American progress. Unlike conservative economists who declaim that slavery impeded industrial development these …
Why Governments Hate Decentralization
In recent decades, many have claimed that advances in communications and transportation would eliminate the different political, economic, and cultural characteristics peculiar to residents of different regions within the United States. It is true the …