For the last few years, Jerome Powell has remained constant: the Fed was ready to do anything necessary until inflation returned to its 2% target. Today, Powell blinked. While the Federal Reserve’s own optimistic projections place their preferred inflation measures staying above two percent until 2026, Powell used the December meeting to unravel the equivalent of a Mission Accomplished banner on the fight against inflation, potentially with the same results that...
Read More »Should We Embrace the Stateless Roman Political Thought?
The concept of the state has more to do with the worldview of ancient Greek philosophers than with the Roman Empire. We could learn a few things about statelessness from the Romans. Original Article: Should We Embrace the Stateless Roman Political Thought? [embedded content] Tags: Featured,newsletter
Read More »Africa Doesn’t Need More Government Aid; It Needs Free Markets
With a large regional market and youthful population, Africa should be on the cusp of greatness. Yet instead, it remains the poorest continent on earth. Analysts are conceding that Africa’s outlook is gloomy because the region is on track to miss poverty reduction goals. Successive African administrations have consulted multiple strategies to tackle the scourge of poverty with varying degrees of success; however, the plague of poverty has been persistent. Combatting...
Read More »Remembering the Great Henry Hazlitt on His Birthday
Henry Hazlitt, a great champion of liberty and Austrian economics, was born on November 28, 1894. His most famous book, Economics in One Lesson, remains a best seller thirty years after his death. Original Article: Remembering the Great Henry Hazlitt on His Birthday [embedded content] Tags: Featured,newsletter
Read More »The Immorality of COP28
For the last two weeks, delegates from the world’s governments have met in the United Arab Emirates for COP28, the United Nation’s annual climate change conference. Over one hundred thousand attendees, ranging from heads of state to climate bureaucrats, corporate leaders, nongovernmental organization representatives, and activists, descended on the lavish Dubai venue to hash out new policies for governments to force on their citizens in the name of fighting climate...
Read More »Overcoming Chinese Communist GDP Myths
While China achieved strong economic growth in the post-Mao years by allowing free markets to work, the Communist leadership wants to return the economy to its old socialist ways. However, while the government can give fake growth numbers, it cannot reverse socialist failures. Original Article: Overcoming Chinese Communist GDP Myths [embedded content]...
Read More »Can a Libertarian Find Hope in Prison? Maybe
Contrary to popular assertions, Ancapistan is a real place and is conventionally referred to as prison. In all seriousness, I have been living in the US federal prison system for four years now, and in many ways, prison society actually is fairly anarchic. Considering these societies (plural because prison culture is heterogeneous across geography and across institutions’ security levels) seriously should dispel any notions of humanity that could be categorized as...
Read More »Bourne Again
David Gordon reviews Only a Voice, by George Scialabba, dealing with the author's comments on antiwar progressives Randolph Bourne and Dwight Macdonald. Original Article: Bourne Again [embedded content] Tags: Featured,newsletter
Read More »The Anatomy of the Statist
The statist is a complex creature, composed of many parts, some of which are more obvious than others. No two statists are exactly the same, but many of them share a set of common elements. Studying these elements can shed light on why the statist is so wedded to their statism, and it can also shed light on what can be done to transform them into a civilized human being. The following list of elements is by no means accurate or complete. This is, after all, still a...
Read More »Napoleon: Europe’s First Egalitarian Despot
For those who value self-determination, free markets, peace, and freedom, Napoleon provides little to be admired. He was a despot, a warmonger, a centralist, and a hypocrite who claimed to spread freedom to justify his own lust for conquest and power. Original Article: Napoleon: Europe's First Egalitarian Despot [embedded content]...
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