We can run society according to the rules of private property and freedom, or we can run it by bureaucratic decree, and the covid episode reminded us of just how important that choice is.
Category:
World News
I became interested in the question of whether a true market in healthcare can work. I think it is a fantastically interesting subject. It has been the focus of my PhD work.
Governments at all levels play the same game—always threatening to eliminate school buses, police departments, ambulances, garbage collection—whatever can succeed in bringing the voters or appropriation committee members to their senses and increasing taxes and spending.
The federal bureaucracy has been called a “headless fourth branch of government.” So long as this unchecked army of bureaucrats, technocrats, and deep-state operatives is allowed free rein, it will be impossible to make progress in limiting the state’s power over individuals.
What the “legacy” media is trying to present as a brand-new authoritarian crackdown on the press is only a more visible version of how the federal government has attempted to control public opinion for nearly a century.
Bob hosts economists Vincent Geloso and Chandler Reilly to discuss their new paper, which applies Rothbard’s “Private Product Remaining” to rethink how national output is measured.
Protectionism really isn‘t a theory of betterment for all but a claim that certain people in certain occupations are special. They must be paid more handsomely than the market—meaning you and me—wishes to pay. It will be big business and big labor who will be the beneficiaries of tariffs.
Marxism has infected not only our body politic but also most of our institutions from higher education to religious organizations, as Marxists insist that human action is determined by class and racial affiliations. Ludwig von Mises had a more accurate understanding of how humans act.
With US Government bonds being downgraded, another sign that Washington’s borrowing and spending is out of control, not that anyone in power is listening. Think of the downgrade as a canary in a coal mine.
The American Revolution was fought to free American colonists from an overbearing British government. Yet, only a few years after independence, Americans had created a constitutional government that would wield much power than anything the British had.