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The GOP Fiscal Follies

While Republicans have promised robust economic growth to accompany their tax cuts, reality has been different. That is because Republicans increased…

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Hobbes’s Self-Defeating Theory

With some simple logic and using Hobbes’s own presuppositions and arguments, we can internally critique Hobbes’s argument for the state, namely, that…

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The Job Market Has Only Gotten Worse Since Trump’s “Liberation Day”

In the year since Donald Trump’s “liberation day” in April 2024 fewer Americans are now working, and inflation-adjusted hourly earnings are still bel…

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Today’s AIs Show the Marginal Revolution's Unfinished Business

In 1871, the “discovery” of marginal economic analysis soon took a wrong turn, moving towards quantification, data, and mathematics. It is time to “r…

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Socialists Are Reaping a Bountiful Political Harvest while They Create Havoc

As the economy faulters, socialists are getting elected, promising free goods and services and an end to the chaos. Even when they make things worse,…

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The Cost of Money: Coinage, Fiat Power, and the Quiet Corruption of Value

Governments take valuable things like paper and minerals, stamp something on them, and call them money, in the process rendering these things almost …

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The Economics of War

In this article from 1950, Murray Rothbard suggests some of the less bad ways of financing military operations. Hint: monetary inflation and taxing s…

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Marx Was Wrong About the “Necessary” Ruin of Small Landed Property

Karl Marx not only misunderstood value and production, but he also was wrong about large-scale and small-scale property owners.

Original article: http…

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On The Duty Of Natural Outlaws To Shut Up

Who would join a radical minority movement, and commit him- or herself for life to social obloquy and a marginal existence, for the sake of 20% more …

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Depopulation Won’t Save Us or the Planet

The recent death of Paul Ehrlich reminds us that his crackpot overpopulation theories still are with us, even as they are being regularly discredited…

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