The recent political firefight over Trumps firing of BLS Commissioner Erika McEntarfer overshadows the underlying question of why we need the BLS at all. Murray Rothbard noted that government statistics provide the main tools for government economic intervention.
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In normal human affairs, actions like lying, theft, and murder are considered to be immoral and anti-social. However, people are quick to accept those same behaviors from government agents and they will even defend such actions as “necessary” for the “good of society.”
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The Federal Reserve has what the New York Times called its “biggest shindig” of the year at Jackson Hole, Wyoming next week. What mischief are they up to?
What really happened in Syria? Ruling US elites and Israel have spun the narrative that advocates of democracy were rebelling against a brutal authoritarian regime. The truth is that once again, US policy has made things even worse for Syria.
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The notion that transparency fosters trust fails to account for the indispensable role of privacy. Privacy is not merely a personal preference—it is the guarantor of fungibility.
Recent crises have highlighted that central banks do not prevent systemic disruption. Often, their interventions have only delayed the reckoning but made crises worse.
Americans wrongly believe that the best way to take care of our scenic lands is through government ownership and administration. The reality is that bureaucrats are not good land managers, and certainly not as good as private owners.
When the late legal scholar Richard Posner labeled Critical Race Theory as having a “lunatic core,” he was echoing what Ludwig von Mises years before had written about polylogism. Unfortunately, CRT now dominates the nation‘s law school curriculum.