The Moral Law versus Tyranny
It struck me recently just how frequently we use the word “law” in our conversations. I read or hear, “That’s against the law” when someone wants someone else not to do something, and “There ought to be a law” when
Samuele Murtinu on How and Why Governments Fail in Venture Capital
Governments would like to take credit for the level of entrepreneurship in their countries. Entrepreneurship leads to value creation (happier voters) and economic growth (more to tax). But, as Per Bylund points out in the Seen, The Unseen And The
Eco-imperialism: The West’s New Kind of Colonialism
Globally, there is a movement to remove the residues of Western imperialism from all quarters of society. Throughout the world, monuments dedicated to Western explorers and statesmen are being toppled. Activists in the developing world and their allies in the
Our Corporate Oligarchy and the Road to National Socialism
It was common on the Left to intimate that George W. Bush was like Hitler, a remark that would drive the National Review crowd through the roof but which I didn't find entirely outrageous. Bush's main method of governance was
Biden’s Rescue Act Targets Americans’ Freedoms
Since the 1800s, surly Americans have derided politicians for spending tax dollars “like drunken sailors.” Until recently, that was considered a grave character fault. But Joe Biden’s American Rescue Plan Act shows that inebriated spending is now the path to
The Coming Schism in the Evangelical Voting Bloc
What is the modern state? The answer to this question will—and perhaps already has—split the once unified white evangelical voting bloc. Ever since this group of Christians gravitated toward the writings of Francis Schaeffer in the 1970s, Protestant evangelicals have voted
The End of Socialism and the Calculation Debate Revisited
The Review of Austrian Economics 5, no. 2 1991 At the root of the dazzling revolutionary implosion and collapse of socialism and central planning in the "socialist bloc" is what everyone concedes to be a disastrous economic failure. The peoples and the
We’re Taught to Revere Schoolteachers. So Why Are They Paid So Little?
Top professional athletes regularly sign multi-million dollar contracts, with signing bonuses and lucrative product promotion deals. Why do professional athletes make so much more money than, say, professional teachers? Do people really value sports more than they value education? Teachers provide
Good Economic Theory Is Always Grounded in the Real World
In his "Philosophical Origins of Austrian Economics" (Mises Daily, June 17, 2006), David Gordon writes that Eugen von Böhm-Bawerk maintained that concepts employed in economics must originate from reality—they need to be traced to their ultimate source in the real world. If one
Russell Kirk’s “Libertarians, the Chirping Sectaries”
Professor Bradley Birzer from Hillsdale College joins the show to dissect Russell Kirk's famous 1981 essay condemning libertarians. Is libertarianism necessarily utopian and unworkable, as Kirk suggests? Is it hubris to imagine we don't need the state—or even God—to prevent