Kicking the Can on Government Funding with Emergency Aid
Romina Boccia It’s a positive sign that Congress avoided an unnecessary and wasteful government shutdown this weekend. But the work to responsibly fund the government for the next fiscal year remains. Meanwhile the bigger fiscal challenge – growing debt and rising interest
True Money Supply Is the Correct Measure of Inflation, Not Consumer Price Index
Historically, inflation always referred to an increase in the money supply, whereas nowadays it refers to an increase in prices. This shift in the definition of inflation lets central banks get away with their fraudulent business. Thus, the original definition must
Cato’s Erec Smith: ‘I’ve Been Accused of White Supremacy Because I Value Things like Self-Reliance and Individualism’
Cato Editors Erec Smith, a Visiting Scholar of Politics and Society at the Cato Institute, is the co‐founder of FreeBlackThought.com and the author of A Critique of Anti‐Racism in Rhetoric and Composition: The Semblance of Empowerment. In a September 19 interview on CSPAN’s Booknotes+,
Mises versus Hayek on the Future of Civilization
While F.A. Hayek is known for his term “spontaneous order,” Mises saw institutional development as coming from growth in human understanding of things. Original Article: Mises versus Hayek on the Future of Civilization
Public Goods Viewed through Entrepreneurship
Public goods, in mainstream economic theory, are goods that are nonrivalrous, where one person using a good does not preclude anyone else’s capacity to do the same, and nonexcludable, where owners of the public goods are generally unable to restrict
States Are Dying from Corruption and the Exponential
The state is held together by violence and nothing else. There is no such thing as "the social contract." But even violence cannot make a state last past its time, as we saw with the USSR. Original Article: States Are Dying