Donate $5, Get Rothbard’s Greatest Myths!
Rothbard destroys the greatest myths of our time. America has been captured by economic denialism. The political class has driven the debt to a point that was once thought unimaginable. Inflation continues to eat away at the paychecks of everyone. The
The Dangerous Myth of a “Soft Landing”
If we search the news from 2007, we can find plenty of headlines with the IMF and the Federal Reserve predicting a soft landing. No one seemed to worry about rising imbalances. The main reason is that market participants and economists like to believe
Why the “Just Wage” Theory Doesn’t Make Much Sense
Just-wage theory tells us that an employer cannot reduce his workers' wages below some presumed "cost of living." Yet, that same employer can be permitted to reduce the worker's wage to zero if the worker has been replaced by a machine. Original Article: Why the "Just Wage"
Don’t Add New Races to U.S. Government Surveys
Alex Nowrasteh Cato released two new briefing papers this week analyzing an OMB proposal to add new racial categories to U.S. government forms and surveys, particularly a Middle Eastern or North African (MENA) designation. The first paper details the demographics of MENA
Real Economic Growth Depends on Savings
The US consumer sentiment index, compiled by the University of Michigan, fell to 69.5 in August from 71.6 in July. A weakening consumer sentiment index is seen as indicating a potential downturn in consumer spending and the economy in general. Most
I presented a paper in both Alaska and Hawaii this year
It was the same paper. I was excited to boast that I might be the only person who has ever presented the same paper in the same year in the 49th and 50th states. As it turns out, I wasn't
3.8 Million Middle Eastern or North Africans in the United States in 2021
Andrew C. Forrester The Office of Management and Budget (OMB) is working on a plan to update how the government collects information about race and ethnicity in the United States. Their goal is to better represent the diverse American population and
The Liberty Movement’s Pro-War Fifth Column
Recorded in Nashville, Tennessee, on September 23, 2023.