Milei Wants More Government Spending—For the Military, of Course
With this latest policy turn, the evidence continues to mount that Milei is more a typical conservative or “rightist” than he is a free-market libertarian in any meaningful sense.
Why Interest Rates Are Not the Price of Money
Both economists and laypeople carelessly refer to interest rates as the “price” of money. As Austrian economists have pointed out, however, interest is what people are willing to pay to…
An Unprecedented Monetary Destruction Is Coming
If the government really believed you would be better off and more prosperous with their policies, they would encourage free speech because everyone would value their welfare improvements. They need…
The Ruling Elites Create an Orwellian Reinterpretation of Human Rights
Not satisfied with the capture of most of our institutions, the ruling elites have gone full Orwell in redefining the term “human rights.” It is their own version of Newspeak.
Privatize Federal Lands
The US federal government is the nation’s largest landlord and still owns 28 percent of the land in the US. The time has come for large-scale privatization.
Why Marx Was Wrong about Workers and Wages
Marx built his infamous Labor Theory of Value on the premise that labor itself was a commodity. However, as Mises and other Austrians have noted, Marx failed both at understanding…