Defense Services on the Free Market
Economists have referred innumerable times to the "free market," the social array of voluntary exchanges of goods and services. But despite this abundance of treatment, their analysis has slighted the deeper implications of free exchange. Thus, there has been general
What Happens When Central Banks Attempt to Tighten? Even More Resource Misallocation
After a prolonged period of easy monetary policy, the US Federal Reserve has embarked on a tighter monetary stance. On May 4, 2022, the Fed raised its benchmark interest rate by 0.50 percent, to a target range between 0.75 percent and 1.00
Let Them Eat Raytheon Stock
In this episode of Radio Rothbard, Ryan McMaken and Tho Bishop discuss recent inflation news, broader chaos in financial markets, and another round of funding for Ukraine. Recommended Reading "Inflation Up, Wages Down as Biden Passes the Buck to the Do-Nothing Fed"
Africa’s Way Out of Monetary Colonialism
Africa has been plagued with rampant inflation and monetary instability over the past fifty years. There have been numerous cases of currency crises and currency resets. Even hyperinflation, the most destructive economic phenomenon, has left its ruinous mark on several
Austrians Have Been Correct about Big Tech: Elon Musk Just Proved Them Right
The partisan leftism of much of the tech industry has led to conservatives calling for state intervention in the digital sphere. Elon Musk's recent purchase of Twitter proves this was wrong. Original Article: "Austrians Have Been Correct about Big Tech: Elon
1991: When America Tried to Keep Ukraine in the USSR
In the final days of the Soviet Union, the Washington establishment was convinced nationalism was a greater threat than Soviet despotism. Thus, George Bush tried to prop up the USSR and prevent Ukrainian secession. Original Article: "1991: When America Tried to
The Transgender Debate Should Be about Women’s Freedom and Private Property Rights
The hot topic in British politics is whether it is appropriate for transgender-identified males to go into women’s only spaces such as toilets, changing rooms, and prisons. With J.K. Rowling as their figurehead, there has been a rise of women
Taxation Is Robbery
The Encyclopaedia Britannica defines taxation as "that part of the revenues of a state which is obtained by the compulsory dues and charges upon its subjects." That is about as concise and accurate as a definition can be; it leaves no room for
Real Wages Fall Again as Inflation Stays Near 40-Year Highs
Inflation is so high in America that we’re now supposed to believe that inflation is “moderating” if it doesn’t go above 8.5 percent. That, at least, was the message in much of the speculation yesterday around what April’s CPI inflation