Money-Supply Growth Hits a New All-Time High in January
In January, money supply growth hit a new all-time high, rising slightly above September 2020's previous high, and remaining well above growth levels that one year ago would have been considered unthinkable. January's surge in money-supply growth makes January the tenth month in a row of remarkably high
Rothbard Week: 5 Great Things About Murray
Ryan McMaken and Tho Bishop discuss five reasons why Rothbard's work is so memorable. From his fearlessness in the face of opposition, to his commitment to peace and decency, Rothbard provides us with a model of principled scholarship. Additional Resources "Nations by
Fighting Totalitarianism: Rothbard versus Monasticism
I have been quite explicit that what we are now dealing with under the covid response, woke ideology, cancel culture, Big Tech censorship, nonstop media propaganda and gaslighting, an armed and barricaded capitol, a Democratic-controlled government set on giving away
Public Schools Refuse to Open. Give the Taxpayers Their Money Back
In many school districts across the nation, public school teachers still don’t want to go back to work. Private sector workers have long been hard at work in kitchens, at construction sites, and in hardware and grocery stores. Meanwhile, from Seattle,
Playing Games with Stocks
The GameStop saga—can we call it an insurrection?—wants easy heroes and villains. Both are available. The populist version of the story goes like this: a few thousand angry gamers, colluding via the now infamous WallStreetBets subreddit, brought at least one powerful
Economics In One Lesson Is Still the Best Layman’s Intro to Economics
A line in a recent National Post news story left me aghast: “Economists are nearly unanimous in their support for the $381-billion deficit Ottawa plans to run in 2021.” One of Canada’s more reasonable newspapers, founded by Conrad Black, published the outlandish notion
Is Money a Creation of Government?
By some theories such as the Modern Monetary Theory (MMT), money originated on account of the government decree. Money according to the MMT is what the State decides it is going to be. Following the ideas of the German economist, Georg
Taxation through a Rothbardian Lens
All students of economics will sooner or later be confronted with the standard neoclassical analysis of deadweight loss from taxation. The point of this analysis is not to clarify what the government's tax revenues should be used for, but rather
What Rothbard’s Defense of Religion Teaches Us about Resisting the Covid State
Murray Rothbard died more than a quarter century before the outbreak of the Covid mania and tyranny, but if he were alive today, he wouldn’t be surprised to see the most common resistance at an institutional level comes from churches. Last
Is India a Socialist State?
India gained its freedom back in 1947. At the time this article is being written that is 75 years of freedom. How did we cope in terms of economic structures? Let us traceback. At the time when India gained Independence, countries