World History

Displaying 1 - 10 of 1447

Keynesian Economists Ignore Say's Law. We're Paying the Price.

World HistoryOther Schools of ThoughtPhilosophy and Methodology

Blog09/03/2019

By advocating an increased monetary role for the state, Keynes has made the credit cycle considerably worse and more destabilising.

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What We can Learn from Liechtenstein

Decentralization and SecessionWorld History

Blog09/03/2019

The Liechtenstein constitution goes to great pains to place obstacles in the way of exercising state power. It also has provisions explicitly allowing for secession.

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Price-Control Failures, Then and Now

World History

Blog08/29/2019

Price-control schemes have been failing for thousands of years. Now it looks like politicians in Washington are going to give price controls yet another try.

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The Left Argues Slavery Was an Economic Blessing. Here's Why They Are Wrong.

Labor and WagesU.S. HistoryWorld History

Blog08/20/2019

Slavery was a monstrously unfair and immoral institution. It was also inefficient, compared to a system based on free labor.

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The Social Philosophy of the Austrian Economists

World History

Blog08/10/2019

It was Ludwig von Mises who revealed the intimate connections between Austrian economics and authentic liberalism.

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In Brazil, Social Democracy Breeds Corruption

Global EconomyWorld History

Blog08/09/2019

Anti-poverty programs pushed by social democrats have enabled ever higher levels of corruption as bigger government programs mean the ultra-rich can skim more off the top.

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The Alleged Joys of the Pre-Capitalist Economy

World History

Blog08/07/2019

A return to such conditions could mean only the eradication of the bulk of today's population and complete impoverishment for those remaining.

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The Dirty Secret about Gun Control in Latin America

Legal SystemWorld History

Blog08/06/2019

By just glancing at Latin America’s current gun policies, we see a region that is in desperate need of more pro-gun laws. Countries like Brazil, Mexico, and Venezuela offer lurid accounts of what happens when most of the population is effectively disarmed when facing real criminal threats.

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Mexicans Are Safer in El Paso than in Mexico

Legal SystemWorld History

Blog08/05/2019

Mexican politicians are claiming Mexican nationals are unsafe in the US. Meanwhile, Mexico's homicide rate - fueled by strict gun-control laws -  has soared to five times that of the US.

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Venezuela: Radical Pro-Market Reform Is the Only Way

PovertyWorld History

Venezuelan politicians hoping to replace the current regime in Venezuela mostly offer just re-treads of the failed socialism the country has endured for decades.

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