Political Theory

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World Power, World Policy, and the United States in 1917

U.S. HistoryWar and Foreign PolicyPolitical Theory

Blog03/07/2017
Like the European powers in the run up to the Great War, the United States was very active in new imperialist adventures.

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Week in Review: March 4, 2017

Big GovernmentStrategyBusiness CyclesPolitical Theory

Blog03/03/2017
Both Trump and the Fed are relying on debt to keep their political agendas going.

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6 Steps Toward a More Sane Economic Policy

Taxes and SpendingMoney and BankingPolitical Theory

Blog03/03/2017
Any one of these steps — even partially implemented — would be a step in the right direction.

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Trump's Speech: a Budget-Busting Spending Spree

Taxes and SpendingPolitical Theory

Blog03/03/2017
In his big speech this week, Trump announced a lot of new federal spending. Naturally, the voters loved it.

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Herbert Spencer: Protectionism Is "Aggressionism"

Taxes and SpendingPhilosophy and MethodologyPolitical Theory

Blog03/02/2017
Protectionism only "protects" by having the state attack property rights through higher taxes or prohibitions on those who wish to trade freely.

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Why Emmanuel Macron's Surge Is Unlikely to Change Anything

Global EconomyTaxes and SpendingPolitical Theory

Blog03/02/2017
Emmanuel Macron is telling everyone what they want to hear. But what France needs isn't popular at all: a big dose of free markets.

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On Military and Spending, It’s Trump Versus Trump

War and Foreign PolicyMoney and BankingPolitical Theory

Blog02/27/2017
There's little reason to believe Trump will make the massive cuts elsewhere necessary to fund his new military buildup. That means printing more money.

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The Unrevolutionary Revolution

Big GovernmentInterventionismPolitical Theory

The state eventually gorges on every choice you have: from products in the market to the things you are able to dream about changing.

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With Its Leftist President Gone, Can Brazil Set the Economy Free?

Global EconomyPolitical Theory

Blog02/26/2017
Some pro-freedom reforms are making gains in Brazil. But we still have a long way to go.

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