(Editor’s note: You’re tearing me apart, Stockholm!) By: Jon Nylander Swedes do not toil under a Communist yoke. We are thankfully a market oriented society, and particularly in rural areas, Swedes are ruggedly individualistic and responsible citizens. But we do have an enormous welfare state with which to contend — and it poisons our nation […]
Austrian Economics
The Neo-Marxist Roots of Modern Monetary Theory
By: Antony Mueller The influence of the economics of Michal Kalecki on Modern Monetary Theory (MMT) is hard to ignore. With its roots in the Neo-Marxist macroeconomic theory of Michal Kalecki, MMT carries with it the heritage of the labor theory of value and the Marxist state and class analysis. As a Marxist, Kalecki views […]
Hey, Kamala Harris, End School Compulsory-Attendance Laws
By: Jacob Hornberger Imagine if Congress were to enact a law that required everyone to attend church on Sundays. The overwhelming majority of Americans would go up in arms. The concept of religious liberty is so deeply ingrained in our American heritage that there is no way that people, including devout Christians, would accept such […]
U.S. government spent $5 billion to buy out flood-prone properties
Every time there is a flood, the federal government springs into action, whether it is by helping the affected areas recover or subsidizing flood insurance. But a new report has discovered another measure the government takes: buy out flood-prone properties. Over the last 30 years, the federal government has spent $5 billion to purchase homes […]
Fake news, Trump’s libel laws demand, and paging Walter Block
Over the weekend, while President Donald Trump was in Japan to meet with Prime Minister Shinzo Abe regarding trade, a journalist and professor decided to report some fake news. Ian Bremmer, a Time Magazine columnist and New York University professor, tweeted: “President Trump in Tokyo: ‘Kim Jong Un is smarter and would make a better […]