In Defense of Collusion In a Free-Market Under Capitalism
History provides very few actual examples of private firms that are unprotected by government-erected barriers to entry successfully colluding in ways that harm consumers.
Should The U.S. Have Left Afghanistan?
Military training does not help fundamentalist countries in the absence of value training, and value training could only work if a large portion of the population became pro-reason and thus pro-individual rights.
How To Answer Loaded Climate Questions
Answers to: “Do you believe in climate change?” “Are you a climate denier?” “Will you listen to the scientists on climate change?” And more!
The So-Called “Trade Deficit”
The conventional tale of trade deficits fails so utterly to square with reality because tellers of this conventional tale never seriously bother to attempt to understand why foreigners are willing, decade after decade, to send to America more goods and services than they receive in return from America.
The Supreme Court’s ‘303 Creative’ Decision – Right Result but Not for the Best Reasons
“No unit of government shall enact any law or regulation that compels any citizen to enter into a contract, forbids any citizen to enter into a contract, or dictates any term of a contract between citizens.”
United Free Nations
The free nations of the world should work together to achieve the highest degree of separation possible between their world and the unfree world.
On the Mercantilist and Monarchial Origins of the Concept of the ‘Balance of Trade’
Describing as “favorable” a situation in which the people of the home country ship many real goods and services to foreigners and receive in exchange lesser amounts of real goods and services, with the difference made up in money, is indeed – as Adam Smith called it – absurd.
Remembering Henry Hazlitt
Herny Hazlitt was a popularizer of sound economic thinking, a critic of John Maynard Keynes, and a contributor to ethical moral philosophy. Not bad for a poor fatherless boy and college dropout.
The Inverted Yield Curve and Next US Recession
Since the late 1960s US yield-curve inversions have predicted all eight US recessions, beginning roughly a year in advance.
