How Populism Turns a Constitutional Republic Into A Democracy
Populism is what happens when a republic becomes a democracy, and politicians must curry the favor of voters in order to win office.
How Government Lockdowns Shattered the Structure of Production
There is no “paradox” to increased savings and its underutilization for investment and employment purposes, when governments have barred the doors to the factory entrance and the shopkeeper’s counter.
Capitalism and the Origin of Economic Institutions
Economic progress is the leading manifestation of yet another major institutional feature of capitalism: the harmony of the rational self-interests of all men, in which the success of each promotes the well-being of all.
The George Floyd Riots: Where’s Black Lives Matter When You Need Them?
Black lives matter. Black businesses, not so much.
Race and Riots
Burning police stations and looting stores won’t speed that progress. It sets us back.
Some Facts Worth Knowing
If the U.S. “poor” were a nation, then it would be one of the world’s richest.
Capitalism and History of the Industrial Revolution: The Factory System of the Early 19th Century
There is a tendency to exaggerate the “evils” which of the factory system and factory legislation was not essential to the ultimate disappearance of those “evils.” Conditions which modern standards would condemn were then common to the community as a whole.
Twitter is Private Property President Trump
Letting President Trump use the police power of the government to fight the Left is self-contradictory. “If the owners of a media platform do not get to decide who can appear on it, then who gets to make that decision?” Government force will not achieve freedom. It will only achieve tyranny.
Freedom Requires Resisting Coronavirus Pessimism
If there is a chance to not only pull society away from the social and economic abyss towards which it is moving, but return it to a path more in the direction of personal liberty, economic freedom, and equal individual rights under partial rule of law and constitutionally limited government, it requires resisting the pessimism that all is lost and irreversible, and having the courage and willingness to try to restore the free society.
Further Truths About Climate Change
The Modern Warm Period from the late-19th to the early 21st centuries, is only trivially man-made and not pernicious, but rather, is overwhelmingly natural and fully benign.
The Creep of Authoritarianism
Why are the governments dictating when and how the economy can re-open?
Capitalism and Freedom Require Government
The existence of freedom under laissez-faire capitalism requires the existence of government.
School Inc.: Market Innovation Can Save American Education
In Korea, top teachers make millions.
Insane News Tidbits
The biggest casualty from the COVID-19 pandemic has nothing to do with the disease. It’s the power we’ve given to politicians and bureaucrats.
The Guns of August: A Look Back at the Financial Shock of the Great War
The crisis of 2020 has invited a lot of comparisons to the past, particularly the influenza pandemic of 1918-1919 and to various war efforts. For those concerned with banking, public finance and monetary policy, the summer of 1914 might be a more appropriate candidate.