Thanks to increasingly broad car-seat laws, a third child often requires the purchase of a larger, more expensive vehicle. At the margins, this has an effect on...
While F.A. Hayek contributed much to the Austrian School of Economics, he also supported the establishment of the welfare state, believing that it was compatible with the...
Does bad money drive out good money? Mark Thornton discusses one of the most impactful principles of modern society.
Republicans today are decrying the “lawfare” that Democrats are using against them, and rightly so. However, had Republicans not vastly expanded federal criminal law during the infamous...
In this review of Scott Horton’s new book, Enough Already, we see that the wars the US has raged for the past quarter century in the Middle...
Money-supply growth accelerated year over year in August by the largest amount in 23 months. The days of falling money supply growth rates are over.
No interventionist government or central bank wants lower prices because inflation allows the government to increase its power while slowly breaching its monetary commitments.
Kamala Harris claims that she simply wants food prices to be lower. However, her de facto price fixing scheme would create food shortages and raise the real...
Murphy lays out the various camps in the debate over Fractional Reserve Banking.
David Gordon takes another look at Thomas Nagel’s Equality and Partiality. While he finds some of Nagel’s arguments appealing, they still are inferior to Murray Rothbard’s systematic...