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Perhaps no lesson from history better illustrates the dangers of credit expansion-fuelled business cycles than the story of the imaginary country of Poyais.
Bureaucracy and RegulationThe Police StateU.S. HistoryWorld History
Looking more like an old-school authoritarian regime, the US government now has the power to revoke your passport if you owe taxes.
Pastor built on the work of the French liberals, and anticipated many of the later insights of the Austrian School.
Legal SystemWorld History
Contrary to the government's claims, Britain is not becoming safer as the British government becomes bigger.
Jesus's instruction to "render unto Caesar" is an example of subtle sedition against the Roman state — and not a command to pay taxes.
U.S. HistoryWorld History
The US can help itself by ending the Drug War — which will bring some normalcy back to Central America.
U.S. HistoryWar and Foreign PolicyWorld History
President Trump is saying that the U.S. government will lift economic sanctions against North Korea if it “denuclearizes.” Cuba denuclearized in 1962.
World HistoryPhilosophy and Methodology
Cultural Marxism is the philosophy that underlies today's trend toward crushing all dissenting opinions.
War and Foreign PolicyWorld HistoryHistory of the Austrian School of Economics
WWI symbolized the triumph of militarism and nationalism over the all-too-brief flourishing of liberalism — and also sowed the seeds of fascism, socialism, and the Second World War.
The Dutch Republic transformed the fervor of predestination into faith in personal destiny — and the singularly capitalistic means of getting there.