How the Federalists Stacked the Deck to Win Ratification
[This passage is excerpted from Murray N. Rothbard's Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] The Federalists shrewdly decided to strike hard and swift and drive the Constitution rapidly through the states. The Federalist leaders were a small and cohesive group
Why Monetary “Stimulus” Won’t Prevent an Economic Bust
The increase in the growth rate of the Consumer Price Index (CPI) has fueled concerns that if the rising trend were to continue the Fed is likely to tighten its interest rate stance. Observe that the yearly growth rate in
Private Security Isn’t Enough: Why America Needs Militias
Private security tends to provide its services to the highest bidder. And you know that almost always ends up being the regime itself. Corn farmers just can’t cut the same kinds of checks that tax farmers can. Original Article: "Private Security
Biden’s Budget Plan: Weaker Growth and Fewer Jobs
The first thing any economist should do when reading a budget proposal is to analyze the basic macro assumptions and the results presented by the administration. When both are poor, the budget should be criticized. This is the case of
The End of ‘Internet Explorer’
Microsoft’s renowned Internet Explorer will be adjourned on June 15, 2022. Is Microsoft turning to potential impediments by discontinuing one of its earliest web products or is it preserving an elevator entryway for potential prospects? Should we be concerned and
Without Sound Economics, the Progressives Win
[A selection from "The Objectives of Economic Education" in Economic Freedom and Interventionism.] The struggle between the two systems of social organization, freedom and totalitarianism, will be decided in the democratic nations at the polls. As things are today, the outcome in the
Why Are Progressives Obsessed with the Transgender Policies at the College of the Ozarks?
Anyone considering going to the very conservative College of the Ozarks knows what he's getting into. Yet the Biden administration has launched a war on this tiny college in the name of "equality" for transgendered students who have no reason
“Supply Bottlenecks” as an Excuse for Inflation
One of the arguments most used by central banks regarding the increase in inflation is that it is because of bottlenecks and that the recovery in demand has created tensions in the supply chain. However, the evidence shows us that most commodities
Bill Sanders: How Creative Conflict Expands the Value Pie
Value facilitation is a creative act of imagination, design, assembly, communication and agile responsiveness. Our Economics For Business model applies these actions in the pursuit of new economic value. Bill Sanders, an expert in contract negotiation in business, applies them
America Still Loves the Warfare State
The difficulty Trump encountered in trying to even slightly scale back American military schemes shows just how far Americans are from abandoning the idea that the United States is the indispensable nation entitled to fight wars always and everywhere. Original Article: