How big is the federal government? Two measures are the number of civilian employees (nearly two million) and the number of agencies (now exceeding 440). These numbers barely hint at their massive meddling into business activities and the personal lives of Americans. While government was relatively small and less intrusive during its first hundred years, the Constitution held defects. In part, they resulted from the unavoidable compromises of consensus. The founders...
Read More »Today Is the Best Day of the Year to Rob a Bank
Today, the Fed takes a short break from robbing us via inflation and, instead, delivers huge amounts of cash to banks to service Black Friday purchases. The large cash infusions often make banks vulnerable to robberies. Original Article: Today Is the Best Day of the Year to Rob a Bank [embedded content] Tags:...
Read More »Apartment Investment Syndication: A Predictably Unraveling Scheme, Thanks to the Fed
The apartment investment industry has experienced severe malinvestment over the last several years, resulting in a massive bubble that has only recently begun to deflate with rising interest rates. A tidal wave of easy money—enabled by the Federal Reserve and four consecutive United States administrations, from George W. Bush to Joe Biden—drastically lowered the barriers to entry. As a result, even those with no investment acumen have raised and used other people’s...
Read More »The United States Needs Its Own Javier Milei
While the United States has not fallen as far economically as Argentina, the fact is that the present economic policies are ruinous. We need someone like Javier Milei to speak the truth about what is happening. Original Article: The United States Needs Its Own Javier Milei [embedded content] Tags: Featured,newsletter
Read More »What Would Happen If the US Stopped Supporting Ukraine?
The standard line from US political elites is that failure to aid Ukraine would mean Russia's destruction of what is left of the country. However, the likely result would be a negotiated peace. Original Article: What Would Happen If the US Stopped Supporting Ukraine? [embedded content] Tags: Featured,newsletter
Read More »Lew Rockwell on NOW with Bill Moyers
Lew Rockwell appears on NOW with Bill Moyers. Lew discusses Bush, Iraq, and the US economy. Originally broadcast on March 7, 2003. "We have to educate ourselves, and educate others about our own history, our real history, about what's actually going on these days, about real economics, and the principles of liberty. And I think that is: if we have any salvation, it's through that, and certainly in secular terms." [embedded content] [embedded content]...
Read More »Pfizer Faces Lawsuit for Covid Vaccine Lies
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Dr. Gilbert Berdine, an associate professor of medicine at Texas Tech University Health Sciences Center and an affiliate of the Free Market Institute at Texas Tech University. In 2020, Dr. Berdine was warning about efficacy and risks claims being made over covid vaccines, which are at the forefront of a recent lawsuit by the State of Texas against Pfizer. Ryan and Tho discuss the case with...
Read More »Can Econometric Models Provide a Laboratory Setting for Economic Analysis?
Econometric models are constructed with the idea that they can be substituted for authentic human action. Not surprisingly, they fail badly. Original Article: Can Econometric Models Provide a Laboratory Setting for Economic Analysis? [embedded content] Tags: Featured,newsletter
Read More »Understanding Anti-Capitalist Fallacies
Capitalism, defined as a form of social organization in which there are means of production such as private property and wage labor, is not the moral principle upon which liberalism is based. The reason for this is that there are nonliberal scenarios that capitalism, as a moral principle, allows for—for example: slavery, sexism, racism, and various forms of violence. However, semantic compatibility does not imply a causal relationship between such variables. In this...
Read More »The First Enemies of Free Markets Were Conservatives, Not Socialists
As with the Republican party and the conservative movement in the United States, conservatism in the United Kingdom does not constitute a coherent ideological movement. It is, rather, a coalition of ideological groups and interest groups. Some of these are fairly libertarian in nature, as with the Thatcherites. On the other hand, conservative parties and activist groups also contain traditionalist conservatives and nationalists, neither of which are primarily or...
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