Liberty Defined
[This address was given before the Mont Pelerin Society at St. Moritz, Switzerland, on September 4, 1957.] There are times when one's humility seems to go on vacation, as it did for me when Professor Hayek proposed tackling this topic for
New York State Has Imposed New Covid Rituals. This Time There’s Some Resistance.
Friday, December 10, New York State governor Kathy Hochul reaffirmed the state’s status as the nation’s most zealous practitioner of covid cultism with the announcement of a new statewide “vax-or-mask” mandate. The mandate confronts businesses and physical institutions with a choice:
Peaks and Valleys: Making Good and Bad Times Work for You- A Book Review
Have you ever seen how a heartbeat is traced? Well, I am pretty sure who hasn’t. If you really look closely, you’d find that it consists of peaks, valleys, and plateaus. Quite similar are our lives too. Using terms like
The Myth of Cost-Push Inflation
Senator Elizabeth Warren recently stated that rising prices were due to corporations increasing their profits. “This isn’t about inflation, this is about price gouging for these guys.” It is simply incorrect. No, corporations have not doubled their profits, and rising prices are not
Crypto Ban(e) in India?
Recently, the government officially expressed its intention to introduce a Bill aimed at banning private cryptocurrencies in India. This came in amid increasing concern over cryptocurrency posing a threat to the macroeconomic stability of the country. Source – Reuters The Cryptocurrency and
Fighting For Her Future: Spears vs Spears
The taste of freedom seems extremely delightful and delicious, especially when provided to someone trapped in conservatorship for more than a decade. Evidently, Britney Spears is an example of that freedom. Speaking of which, she has grown into an unrestrained
Can Dikes Be Private?: An Argument against Public Goods Theory
The best that mankind ever knew:Freedom and life are earned by those aloneWho conquer them each day anew. — Johann Wolfgang von Goethe1 According to many economists, we need the state to provide public goods.2 The assertion seems to be so crystal-clear
Who Will Inflate Faster? Europe or the Fed?
The price of the euro in terms of the US dollar closed at 1.135 in November, against 1.156 in October and 1.193 in November last year. The yearly growth rate of the price of the euro in US dollar terms
Why “Macro” Thinking in Economics Is Such a Problem
As someone who teaches public finance (better termed the economics of government), I can’t count how many times I have heard politicians promise “comprehensive” reforms to some major problem. But what such efforts actually produce is always different from what
Tom Woods on the Old Right
We continue our look at leading figures from the Old Right with guest Tom Woods, who helped publish the late Murray Rothbard's The Betrayal of the American Right. Rothbard admired the courageous and revisionist voices promoting the Old Republic, and