We live in an age rife with oppression. No group of Americans is better aware of this than the nation's youth. This may be the first generation in US history not to surpass their parents' living standards. Young people today will most likely become the first generation in US history not to s ... Read more

Opposition to the importation of Polish hams has been defended on the grounds that it is immoral to trade with thieves or receivers of stolen merchandise — a description that fits the Polish government. It also fits the US government. ... Read the full post ... Read more

A half-century ago, America — and then the world — was rocked by a mighty stock-market crash that soon turned into the steepest and longest-lasting depression of all time. It was not only the sharpness and depth of the depression that stunned the world and changed the face of modern history: it ... Read more

Congressmen Ron Paul and Alan Grayson seek to bring more transparency and accountability to the U.S. central bank and "to subject the Fed's monetary policy and discount-lending actions to an audit by the Government Accounting Office (GAO)." In opposition to these efforts to audit the Feder ... Read more

The fatal error of classical liberals lies in their failure to realize that their ideal is theoretically impossible if it includes the necessary existence of a state (even a minimal one), understood as the sole agent of institutional coercion. ... Read the full post ... Read more

In Rothbard's vast compendium of economic wisdom, we read much that has not yet been properly popularized. Rothbard's production theory, for example, is quite different from the standard account. ... Read the full post ... Read more

Once (hyper)inflation is publicly seen as being the lesser evil of all options available for the government meeting its debt service, it cannot be dismissed out of hand that (hyper)inflation would be the consequence. ... Read the full post ... Read more

On the internet, the beautiful aspects of human nature manifest themselves, and we see individuals and companies maximizing their talents and resources for reasons of profit, pleasure, altruism, and progress. ... Read the full post ... Read more

Moore truly believes that warehouses of federal workers, in Washington, D.C., remotely running our lives is the optimal plan. He really doesn't care why the poor are poor or the rich are rich; he just wants it fixed. ... Read the full post ... Read more

The brains and talent of the financial industry have been moving enormous pools of wealth away from the highly regulated commercial and investment banks into the fast-paced, creative, and aggressive hedge funds. This is because, in many ways, the hedge funds represent a more pure capitalist system. ... Read more