Interventionism

The introduction of Obamacare was only the natural evolution of many decades of increasing state control of the healthcare industry.

We have reached the end of Murray Rothbard's definitive treatise Man, Economy, and State! 

If we want to understand the numbers behind the need to "flatten the curve," we must look at how government programs like Medicare have reduced hospital capacity in recent decades.

If we can spend a few trillion overnight to bail out investors and send out 150 million stimulus checks, why not also launch a universal basic income and a slavery reparations program?

Sumner is wrongly accused of being a "social Darwinist." Indeed, there is considerable evidence that the entire concept of "social Darwinism" as we know it today was virtually invented decades after Sumner's death.

Central bankers are saying two things at once. First, they say that negative interest rates are a natural historical development. But then they say negative rates are an essential tool central banks are using to manipulate the economy.

Central bankers are saying two things at once. First, they say that negative interest rates are a natural historical development. But then they say negative rates are an essential tool central banks are using to manipulate the economy.

Beyond being incompatible with natural rights and detrimental to the dissemination of innovations, the concept of intellectual property is a praxeological impossibility. 

In every country that has moved toward socialism, the phase of the development in which socialism becomes a determining influence on politics has been preceded by a period during which socialist ideals governed the thinking of the more active intellectuals.

Proponents of modern monetary theory have come up with their own idiosyncratic definition of savings in support of their theory. But the common usage of the term shows MMT doesn't work the way its supporters think it does.