Innovation Is Not the Key Driver of Economic Growth
Contra the recent winners of the Nobel Memorial Prize in economics, free markets, private savings, and entrepreneurship not so-called innovation, is what
On Resisting Evil
We libertarians may be anti-state, but that we are emphatically not anti-society or opposed to the real world, however contaminated it might
The Environmental Costs of AI are Overblown
Environmentalists are at it again, this time claiming that AI centers will create environmental disasters all over the country. Once again, they
Silver: Manipulation or Fundamentals?
Is silver “manipulated,” or are fundamentals doing the work? Mark Thornton sifts the evidence and finds a simpler story.
Lessons From Mises on Resolving the History Wars
Despite the claims from many historians that they just report the facts, the study of history is highly ideological and historians often
Stablecoins: The US Dollar’s Unexpected Lifeline
If stablecoins continue to expand, the architecture of monetary control will inevitably change.
Ronald Reagan: An Autopsy
How did Murray Rothbard view Ronald Reagan's legacy? A mood of blind "feel-good" Americanism, entrenched big government, and the evisceration of libertarian
Hobbes’s Accidental Case Against the State
If Hobbes is right about human nature, then he is wrong about the state as a solution. Ironically, his key arguments for
Moving at a High Speed toward an Economic Abyss
As the US economy slowly deteriorates, the government's response is to intervene and to inflate. This does not end well.