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Why Justice Mattered to Rothbard

Economists like Harold Demsetz and Ronald Coase based their property rights views on utilitarianism. Murray Rothbard based his on justice.

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2 weeks, 1 day ago

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Raising Interest Rates Does Not Counter Inflation

When inflation surges, the first thing on the government's agenda is for the Federal Reserve to try to force up interest rates. However, as Frank Sho…

2 weeks, 1 day ago

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The Fear of the Signal: Why the State Urgently Wants to Bind Prediction Markets

Prediction markets, while obviously imperfect, still work well because people voluntarily put their money where their beliefs are. Naturally, the gov…

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Sound Money, Artificial Intelligence, and the Pope

Unfortunately, the Pope does not understand the role that monetary inflation plays in fueling AI's excesses. If he did, he might lead a necessary ant…

2 weeks, 1 day ago

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April Money Supply Growth Hit a 49-Month High. And Prices Soared.

In spite of repeated claims from the Federal Reserve that monetary policy is at least moderately restrictive, there is no sign of any slowing in mone…

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Moloch in the Regulatory State

Regulatory systems are infamous for creating “traps” in seem to be impervious to reform. Regulators seek to “drain the swamp,” but, instead, find the…

2 weeks, 2 days ago

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The Abolitionist Movement in the Antebellum South

Before the Nat Turner Rebellion and the rise of militant abolitionism in the North, there were more anti-slavery societies in the South than in the n…

2 weeks, 4 days ago

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The Declaration of Independence versus Egalitarianism

Egalitarian interpreters of the Declaration not only empower the centralized state but promote a view of “equality” that shares a common ethical erro…

2 weeks, 4 days ago

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AI, Creative Destruction, and the Politicization of Economic Change

Not surprisingly, the present government is rapidly politicizing artificial intelligence. We don’t have to look far for disastrous results.

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2 weeks, 5 days ago

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Potential Lockdowns, Polarization, And What Should be Done

The covid lockdowns were useless for public health, but they vastly strengthened government’s stranglehold over our lives. We cannot allow this to ha…

2 weeks, 5 days ago

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