When I Toured East Berlin with Murray Rothbard
The year 1982 was life changing for me. It also was the year that I met Murray Rothbard and toured what then was East Berlin with him and his wife—and a host of others. And thanks to Rothbard and others
The EU’s Woes Are a Political Problem, Not an Economic One
The European Union, at least in theory, is designed to allow residents to avail themselves of what are traditionally known as the “Four Fundamental Freedoms.” These are usually defined as the freedom of movement of goods, labor, services, and capital within
What We’ve Learned from Israel’s Covid Vaccine Program
The New England Journal of Medicine (NEJM) recently reported the results of a large-scale nationwide trial in Israel of the Pfizer covid vaccine, BNT162b2. The study concludes that the vaccine has high effectiveness against covid. The NEJM has a reputation
How I Discovered Murray Rothbard
It was 1995, and I was a young scholar, an assistant professor of history of political thought at Roma Tre University. My professor encouraged me to study the American feminist movement of the nineteenth century. As young scholars usually do,
The True Cost of Taxation Is Much Higher Than Your Tax Bill
Taxes have a long reign near the top of discussion topics. But it can be striking how much nonsense and confusion is both advanced and accepted about taxation. A good way to understand some of the basics of taxation better is
Price Rise in Ram’s India- A fractured dream of Utopia
By Ayushi Singh Source: New Indian Express “Pump prices of petrol and diesel have reached historical highs,” -Shaktikant Das (RBI Governor) noted in the Monetary Policy Committee. Remember when in 2012, Narendra Modi raised questions on the then incumbent regime on the hike of
Rothbard’s Underappreciated Contributions to Public Goods Analysis
One of the primary justifications given for state provision of a good or service is that it is a “public good,” meaning that it is sufficiently costly to exclude nonpayers from enjoying the good and that one person’s enjoyment of
The Economics and Ethics of Government Default, Part II
The Nature of Government Debt People holding public debt will list such debt among their assets, alongside other financial assets. The public debt, thus, at first glance looks like it is part of people’s capital invested in productive endeavors, and from
The Special Understanding of Entrepreneurship by Americans of the Austrian School
Austrian economics has always been on the leading edge of innovative thinking applicable to business. Back in the last century, there was a group of American economists of the Austrian school who greatly advanced theories related to subjectivism; that is, the
The Plague of Caste in Menstruation
“Pollution may be temporary or permanent, voluntary or involuntary and may fall on any member of the society. The first and the later menstruations as well as delivery are periods of specifically female pollution (even though women’s impurities may spread