Collateral Damage of IRS Audits
Chris Edwards The Inflation Reduction Act of 2022 boosted the Internal Revenue Service (IRS) budget over the coming decade by $79 billion, most of which is for increased enforcement. President Biden’s March budget includes the new spending and would more than
La Sombrita, or, How to Fail at Infrastructure
Paul Matzko Los Angeles spent $200,000 on La Sombrita (‘“in the shade”), a bus stop shade/light structure that provides little shade or light. It has
Shedding Light on the Law of Unintended Consequences
It is the right of the consumer, not the regime, to determine what lighting sources work best for them. Original Article: "Shedding Light on the Law of Unintended Consequences"
From Debt Ceiling Crisis to Debt Crisis
Romina Boccia The U.S. government teeters on the brink of defaulting on its payment obligations over the next few weeks as the debt limit threatens to bind in early June. There’s been extensive coverage about the potential for catastrophic impacts on
The Drug War: An Irrational Crusade
It’s been over five decades since the war on drugs began in the United States, and billions of dollars coerced from taxpayers have been spent on this frivolous operation. The General Accounting Office’s report found that the Drug Abuse Resistance
Is Social Justice Just? A Review
Modern Western culture is dominated by demands for "social justice." But how does one even define this term, and does social justice even produce justice in the end? Original Article: "Is Social Justice Just? A Review"
The Dominion Lawsuit against Fox News Is Part of the War against Free Speech
Taxpayer-funded company Dominion is suing private parties for saying things the company doesn't like. These lawsuits illustrate how defamation laws can be used to destroy free speech. Original Article: "The Dominion Lawsuit against Fox News Is Part of the War against Free Speech"
Will a New BRICS Currency Change Anything? Maybe
As the US government debases the dollar, other nations take notice and possibilities increase that another currency based on sound principles might emerge. Original Article: "Will a New BRICS Currency Change Anything? Maybe"
Dividing the Housing Market
In this week's episode, Mark explains why the market for existing homes has been diverging from the market for new houses. The Fed ZIRP, QE and Covid bailouts have locked Americans into their mortgages and low payments, reducing the supply
Rothbard: Essentials of Money and Inflation
Money is a crucial command post of any economy, and therefore of any society. Society rests upon a network of voluntary exchanges, also known as the “free-market economy”; these exchanges imply a division of labor in society, in which producers