Poland’s Beef with the EU Shows the Dangers of Political Centralization
Across the pond, Poland and the European Union find themselves deadlocked over a question about judicial primacy. In early October, Poland’s Constitutional Tribunal sparked controversy when it ruled that EU law does not supersede national legislation. At stake in the EU-Poland legal
Reflections on the Pure Theory of Money of Mr. J.M. Keynes
Introduction by Joseph T. Salerno Friedrich A. Hayek was only thirty-two years old when he published this two-part article in Economica, at the time, the world's leading English-language economics journal. The article is a review essay of John Maynard Keynes's two-volume
Equality and Envy
Critics of egalitarianism, meaning by that equality, or close to it, of income and wealth among the members of a society, often claim that it rests on envy. In response, defenders say that there are respectable reasons to favor equality.
Jim Bovard on HL Mencken
HL Mencken is the writer you need to read immediately. He was savagely brilliant, caustic, and witty, but also prolific across genres in ways almost unthinkable of journalists today. His skill with the English language was virtually unmatched in the
The DC Sniper Rampage: The Biggest Police Debacle of the Century?
Those who forget police debacles could be the victims of the next law enforcement fiasco. Former Montgomery County, Maryland, police chief Charles Moose passed away on Thanksgiving Day. He became famous as the most prominent law enforcement official during a
The Befuddling World of the Antieconomist
Time for Socialism: Dispatches from a World on Fire, 2016–2020By Thomas PikettyYale University Press, 2021352 pages Thomas Piketty has written a useful book. Readers need no longer plough their way through his vast Capital in the Twenty-First Century, not to mention
How Governments Seized Control of Money
In discussions surrounding of the world’s monetary systems today there is usually one thing almost everyone can agree on: that money should be controlled by the organizations we call “states” or “sovereign states.” Nowadays when we say “the US dollar” we
Africa’s Long History of Trade and Markets
Market reforms in Africa can be thwarted because of propaganda asserting that markets are a Western import. Notwithstanding the currency of this belief, it is patently absurd. Markets flourished in Africa prior to colonialism, and wherever they are repressed, the
Elizabeth Warren Is So Very Wrong about Inflation
Almost anyone who follows social media is familiar with the latest tweets by Senator Elizabeth Warren, who has pronounced her verdict on higher food and gasoline prices: they are nothing less than the result of corporate greed. In fact, according to
Patrick Newman on Cronyism in Early US History
Patrick Newman is a fellow at the Mises Institute who have just published his new book. He talks about Rothbard's approach to history, whether the US revolution was libertarian, and the proper way to interpret Andrew Jackson. Mentioned in the Episode