The Problem with Juneteenth
The abolition of chattel slavery was a great advancement for human liberty. But many of those celebrating Juneteenth today still accept the core assumptions that underlie slavery.
Joe Biden’s Reverse Robin Hood Student Debt Cancellation
President Biden’s student loan forgiveness scheme is really Robin Hood in reverse, transferring wealth from people from lower-income groups to those who are relatively affluent.
Are Bump Stock Bans Useful?
Jeffrey Miron Bump stocks are devices that enable semi‐automatic weapons to fire faster—although still slower than—fully automatic weapons. Bump stocks became the target of legal and public scrutiny after a gunman…
How a Limited State Becomes an Unlimited, Administrative State
The executive power in the United States is no longer a coequal power; it is the dominant power in the land, as Empire requires.
The Government Can’t Target TikTok Because of the Speech it Carries
Thomas A. Berry In April, President Biden signed an unprecedented law that required TikTok to either “divest” from its parent company ByteDance by January 2025 or cease operations in the…
When Balancing the Budget Hurts the Economy
The budget surpluses under Milei should be a cause for further cutting government revenue and deflating the money supply. But that’s not happening.
The “Equality of Opportunity” Fallacy
A common complaint is that the 1964 Civil Rights Act started in the “right direction,” valuing so-called equality of opportunity, but then went off the rails with “equality of result.”…
It All Began When the Government Tried to Make Housing More Affordable
The current explosion in rental and home prices is the direct result of government intervention aimed at making it easier to buy a house. Mises wrote that government intervention into…