Remembering the Soviet Nightmare that Ended Thirty Years Ago

– December 24, 2021

“It is crucial for the history of socialism-in-practice not to be forgotten and for it to be known to a new generation who have been fortunate enough not to live under its terrible reality of terror, tyranny, and social disaster. Otherwise, history may tragically repeat itself.” ~ Richard M. Ebeling


The Federal Republic vs. Crony Capitalism

– December 22, 2021

“Taylor believed the economic liberty and virtue of the independent farmer flourished only in a decentralized, republican, and constitutional order. Congress’s rhetoric of the glories gained from governmental intervention threatened that order.” ~ Aaron N. Coleman


Adam Smith’s Economic Case against Imperialism

– December 21, 2021

“Adam Smith predicted that the nation that would arise from those colonies would become the most powerful nation in the world. On top of all this, Smith made a terse but passionate defense of economic freedom.” ~ David R. Henderson


Raiding the World Bank: Exposing a Fondness for Dictators

– December 17, 2021

“After exiting bank headquarters, I paused on K Street, skimmed the first pages, and knew I had struck gold. Back in my home office, I called the gutsiest editor I knew—Tim Ferguson, the editorial features editor at the Wall Street Journal.” ~ James Bovard


Three Decades Ago the Soviet Union Collapsed: The Evil Empire No Longer Could Hold Human Liberty in Check

– December 17, 2021

“No matter how terrible this moment might seem to some, almost any moment during the Cold War was worse. At least until December 26, 1991, when the Soviet Union was rudely tossed into history’s great trash can.” ~ Doug Bandow


Carl Menger’s Free Market Advice to an Austrian Crown Prince

– December 13, 2021

“The underlying ideas for a limited government under classical liberal principles of personal freedom and economic liberty remain as relevant today as when Carl Menger delivered those lectures in 1876.” ~ Richard M. Ebeling


The 1619 Project Means Never Having to Say You’re Sorry

– December 11, 2021

“Rather than following the evidence where it leads, Hannah-Jones picks and chooses bits and pieces of her arguments from a secondary literature based on whether it conforms to her preconceived political narrative.” ~ Phillip W. Magness


Bob Dole, a Remembrance

– December 10, 2021

“In accepting the Republican nomination, Dole teared up thinking of the time his father visited him at a veterans’ hospital in Detroit, while he was recovering from his wounds. But, the tear was held back. Always a warrior, there was no defeat in this man.” ~ Clifford F. Theis


Laws, Sausages, and Land-Grants

– December 8, 2021

“The history of these schools is so complicated and idiosyncratic that it provides a fertile field for understanding how history moves forward (in time, not necessarily making progress).” ~ Jane Shaw Stroup


Adam Smith on Self-Deceit

– December 7, 2021

“Bad men sustain delusions to deny their self-deceptions. Smithian liberalism limits the evils that delusional men can wreak, and it tends to contest and correct their delusions in the first instance.” ~ Daniel B. Klein


The Long Cycles in Markets and Political Order

– November 30, 2021

“I found Dalio’s thesis much more persuasive than I had anticipated: some historical patterns are real, wave-like, and operate over long horizons. With skill, data, and humility, we can uncover the likely prospects for our own times.” ~ Joakim Book


Getting Real About Taxes

– November 26, 2021

“It is high time that the federal government recognizes the creepy tax effects of inflation and gets real about taxes. It should forget about taxing unrealized capital gains, compensate victims of its inflationary policies, and begin to inflation-index everything.” ~ Robert E. Wright