Policy

The Christian version of natural law is perhaps the strongest ethical defense of human liberty, definitely more sound than the ancient Greek version, and the same even goes for Hoppe’s Argumentation Ethic from the late 1980s. The reason is that if a perfect and loving God will not force any individual to obey His will or to believe in Him, even for

Genuine reform requires capping the growth rate of costs across all major government health programs, ideally implementing them together, and reallocating some of the savings to reduce, rather than increase, the number of uninsured

It’s not only unnecessary and unfair to burden a declining share of workers with higher taxes to pay out benefits to a growing share of retirees, but such a policy is particularly offensive when those on the receiving end of an income transfer are better off than those providing the transfer. Shifting to price indexing for calculating initial

A key problem of recent government behavior is deficit spending. Deficit spending forces the government to continually borrow money to finance new debt and refinance existing debt. As the government borrows more, it must offer higher yields on Treasury securities, which in turn pushes up mortgage rates. Over the past 20 years, 30-year mortgage

Every breakthrough — every invention, every industry, every new frontier — began with a handful of extraordinary individuals free to take extraordinary risks. Washington led men into battle at 22. Carnegie was building his steel empire by 30. Meriwether Lewis charted the American West in his twenties. Sam Colt patented the revolver at 22. Palmer

Very powerful self-reinforcing elite networks across politics, civil service, academia, and legacy media telling themselves that the answers to everything are essentially: higher taxes, more state control, ‘trust and support the civil service’, and all alternatives to SW1 consensus are ‘extremist’.

It is true that an increase in gold production can and does generate fluctuations in the price and production structure. However, contrary to the artificial expansion of paper or digital money, an increase of gold is based on production and will not result in an exchange of nothing for something. It will not produce the diversion of wealth from

In Europe, governments account for 40–50% of GDP (higher in France particularly if you include education). In the U.S., it’s higher than reported when you include local government and recent interventions. A century ago, governments were under 15% of GDP, often less than 5%.

Countries –like people– tend to borrow more when they are rich than when they are poor, that is, when they don’t need to borrow, then get into trouble with spiraling financial obligations