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  • World News

    Schumpeter on the Dangers of the “Tax State”

    by May 12, 2025
    May 12, 2025

    The modern state, unlike the medieval monarchy, does not merely tax to sustain itself or…

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  • World News

    US taxpayers are tiring of paying for the State of Israel

    by May 12, 2025
    May 12, 2025

    A Gallup survey taken in March this year found only 46% of Americans expressed support…

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  • World News

    The Top Twenty Federal Business Subsidy Receivers

    by May 12, 2025
    May 12, 2025

    These subsidies exemplify crony capitalism. The Austrian School of economics defines any subsidy as government…

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  • World News

    The Political Business Cycle 50 Years Later

    by May 10, 2025
    May 10, 2025

    William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that…

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  • World News

    Why Elon Musk Is Right: The Case Against Subsidizing Amtrak

    by May 10, 2025
    May 10, 2025

    Amtrak is always on the verge of reviving intercity rail traffic in the US, or…

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  • World News

    The Gold-Silver Ratio

    by May 10, 2025
    May 10, 2025

    Mark Thornton digs into the gold-silver ratio—its wild swings, its history, and what it might…

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  • World News

    P.T. Bauer’s Reminders on Foreign Aid

    by May 9, 2025
    May 9, 2025

    The late P.T. Bauer provided much insight into the issue of the so-called First World…

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  • World News

    The Spanish Blackout Is a Warning to the World

    by May 9, 2025
    May 9, 2025

    The blackout in Spain was not caused by a cyberattack but by the worst possible…

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  • World News

    Enslavement of Native Americans in the Caribbean

    by May 9, 2025
    May 9, 2025

    The transatlantic slave trade from Africa is a well-known chapter in the history of slavery…

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  • World News

    Truth or Consequences

    by May 9, 2025
    May 9, 2025

    This week on Friday Philosophy, Dr. David Gordon reviews The Price of Our Values by…

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