Good Logic Prevents Bad Regulation
Much onerous and harmful government regulation can be prevented by the application of well-known and well-understood principles of logic. I will use the recent regulations placed upon Americans in response to the so-called pandemic. I refer to the panoply of
The Real Meaning of Inflation and Deflation
[Excerpted from Chapter 17 of Human Action.] The services money renders are conditioned by the height of its purchasing power. Nobody wants to have in his cash holding a definite number of pieces of money or a definite weight of money; he
Reflections on the Rothbard Graduate Seminar
I had the good fortune of attending the Rothbard Graduate Seminar (RGS) twice in succession, during the summers of 2020 and 2021. By that time, I was already quite familiar with the ideas of the Austrian School thanks to the
Privatizing Roads Solves the Problem of Road Closures
While traveling recently, I was stuck in a terrible bout of traffic. Unbeknownst to me, West Virginia University’s fall graduation just ended, and I was caught in the middle of the seemingly endless stream of parents, relatives, and friends who
When Nationalism Fuels Decentralization and Secession: Lessons from the Cold War
[This article is chapter 6 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities. Now available at Amazon and in the Mises Store.] During the early 1990s, as the world of the old Soviet Bloc was rapidly falling apart, the economist and historian Murray