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A common misconception is that the only problem with current money is the central bank, and that once we abolish government control everything is going to be fine. However, a sound-money regime has to provide for the consistent time structure of property rights in money.
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So long as there are those who believe in socialism, we will always run the risk that they will do to us what their ideological brethren did to Venezuela.
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She had a beautiful and blunt way about her, never sugar-coating the history but always inspired by an ideal she fell in love with and never gave up: the idea that human freedom is the right principle for the good society.
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Market advocates have a golden opportunity to not only reign in federal spending but to introduce much-needed privatization in the infrastructure sector.
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Politicians who ignore pension reform, sapping funds from facilities maintenance, should be replaced. These are real choices for school boards and for taxpayers, between accountability for maintenance and deterioration through thousands of little instances of neglect — choices that could avert situations like the one we see in Baltimore.
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Although it’s obvious that eating laundry detergent, drinking way too much sugar, or consistently throwing away plastic isn’t good for you or the environment, it isn’t the job of the government to tell us what to do or how to live.
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With a mere whisper about reconsidering their investments in US Treasury bonds, Beijing rattled Wall Street and — if ever so briefly — raised our interest rates.
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The capital stock built in the 19th century allowed countries like Sweden to finance generous welfare states. Socialist sympathizers overlook this point and put the cart before the horse.
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It is simply not possible to grow defense spending without substantial, cost-curbing reforms to the rest of the federal budget.
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Residents of Oregon became outraged when a new law took effect allowing motorists in rural counties to, perish the thought, pump their own gas.
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What has gone completely missing here is a burning philosophical and ideological dispute between two wings of Trumpism. One seethes with right-wing Hegelian longings for an overthrow of the modern world and a resuscitation of tribalist nationalism (in short, fascism). The other is quasi-liberal at its best, seeking mostly to get government off our backs and unleash merchant-driven enterprise and economic recovery.
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Privatization of small airports and allowing low-cost foreign carriers to enter could mean lower prices and more availability during the holidays.
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