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Protectionism and Free TradePolitical TheoryValue and Exchange
In spite of claims they will benefit society overall, interventionist policies designed to benefit certain interest groups ultimately only help certain groups at the expense of everyone else.
World HistoryPolitical Theory
Gerard Casey paints a promising but realistic picture of what individualists of all stripes are up against.
Media and CulturePolitical Theory
Far and Wide leaves us wondering if Peart applies the same demands for empirical proof to bleeding heart government policies.
People engaging in motivated ignorance “neither know — nor want to know — what the opposition has to say.”
Although libertarian principles are radical, the path to fulfilling them may not be that radical at all.
Labor and WagesPolitical TheoryValue and Exchange
The division of labor is what made the West rich and has kept it rich. It's telling that Marx planned to abolish the division of labor altogether.
"The greatest fallacy of the classical liberals was their assumption that a constitutionally limited state government was necessary."
Marx was wrong about the basics of value and exchange — and thus was wrong about the relationship between owners and laborers.
Capital and Interest TheoryPolitical Theory
Critics of capitalism are often confused by the difference between political and economic power.
It is instructive to consider what a sensible anti-inflationary legislative program would be like if we could get it.