Minimum Wage, Maximum Discrimination
Since the days of Adam Smith, economists have sought a set of social institutions which permit “neither dominion, nor discrimination,” to use Nobel Prize–winning economist James Buchanan’s phrase. In this, economists are joined by all people of goodwill—including those in the Biden administration, which has
American Households Made Economic Gains before Covid, but This Progress Can Be Lost
Before 2020, there were growing signs of increasing economic prosperity for a wide variety of income groups in America. Whether or not this prosperity survives covid lockdowns and ever higher levels of government regulations remains to be seen. But in spite of increasingly
Hormetics: A Principle of Health and Fitness, with Charlie Deist
Our guest is Charlie Deist, author of Hormetics: Physical Fitness for Free People. We have an engaging and somewhat philosophical conversation on principles of health. How do we identify good nutritional and exercise habits? Amongst the myriad of fads, what
Some Coloradoans Want to Break Off and Join Wyoming. They Should at Least Get to Vote On It.
A state's borders should change over time to reflect demographic and ideological realities. By denying this, political leaders are effectively saying that the rights of minority populations don't matter. Original Article: "Some Coloradoans Want to Break Off and Join Wyoming. They
The Omnipotent Power to Assassinate
How did the federal government acquire this omnipotent power? Certainly not by constitutional amendment. It acquired it by converting the federal government after World War II from a limited-government republic to a national security state. Original Article: "The Omnipotent Power to
The Dangers Lurking behind a Digital Euro
Neosocialist China does it, Sweden does it, and many other states want to do it, too: to issue digitized central bank money for everyone. The European Central Bank (ECB) is also working on such a scheme. It wants to launch
Japan’s Well-Fed Zombie Corporations
The corona crisis has intensified the discussion about the zombification of the economy; enterprises have become more dependent on government bailouts, loans, subsidies, short-time working benefits, and loans from central banks. Governments around the world claim the measures to be
The PRO Act Is Not Just a Union Handout—It’s an Assault on the Freedom of Association Itself
On February 4, 2021, Democrats in the House and Senate introduced the Protecting the Right to Organize (PRO) Act. Like many names in Washington, this one is an Orwellian misnomer that does the exact opposite of what it claims to
Property Rights and the Pollution Problem
Murray Rothbard and other libertarians support self-ownership. Part of being a self-owner is that no one may physically harm your body without your consent, unless you first violate someone else’s rights. David Friedman raised a famous objection to this principle,
Could Gold Discoveries Cause the Austrian Boom-Bust Cycle?
In a 2019 article, Bob quoted Mises who believed that new gold discoveries, in principle, could cause a (small) boom-bust cycle if the gold hit the loan market before other sectors. Walter Block and Bill Barnett have responded in a