Taxes and SpendingU.S. HistoryMoney and Banking
During Friday's bloodbath a CNBC anchor lady assured her audience that Brexit wasn't a big sweat. That's because it is a political crisis, not a financial one.
Taxes and SpendingU.S. EconomyU.S. History
The fact that the US government can tax citizens directly makes the act of state secession far more difficult.
The FedGlobal EconomyMoney and BanksMoney and Banking
The Bank of England has been less reckless than the ECB. But both the UK and the eurozone economies are fragile thanks to loose monetary policy.
U.S. HistoryWorld HistoryPolitical Theory
The ballooning size of legislative districts in the US is just one more illustration of how the United States is too large.
Big GovernmentGlobal Economy
Politicians like Juncker and Merkel speak of the EU as if it were a marriage or a family, to which one is bound by some transcendental duty.
Peter Klein examines the role and work of Austrian scholars like Mises, Kirzner, Hayek, and others in explaining how entrepreneurship works.
Global EconomyPolitical Theory
The act of exiting is liberating. We should make a longer list of those things we would like to get out of.
Big GovernmentLegal SystemPolitical Theory
Large parliaments with small district sizes and easy access to legislators are preferable to the EU system of huge constituencies and little access.
Financial MarketsGlobal EconomyPolitical Theory
Brussels is doing all it can to make the UK pay for wanting to leave the EU. This only further illustrates why exit from the EU is a good idea.
Media and CultureStrategyInterventionism
This week, the EU suggested that it would no longer allow English as an official language, and the Irish will speak Gaelic instead.
Media and CultureValue and Exchange
If you can afford to live in a nice neighborhood with a responsive police force, the cost to you of gun control is much lower than for others.
No human can withstand the political pressure to inflate reserves. As long as central banks have discretion, they will inflate the money supply.
Global EconomyStrategyPolitical Theory
Libertarians tend to focus on the analysis of the individual and the state. But what about the dramatic reemergence of the neglected aspect of the "nation"?
In the wake of Brexit, British investors may now begin to liberate their cash from government-issued debt by hoarding it in private vaults.
The FedMoney and BanksMoney and Banking
If the Fed would quit meddling with interest rates, the natural interest rate would be revealed.
Global EconomyWorld HistoryPolitical Theory
By rejecting globalism and embracing self-determination, Brexit is an example of decentralization and devolution of state power, which is cause for celebration.
U.S. EconomyU.S. HistoryPolitical Theory
That didn't take long. Only hours after the British vote to secede from the EU passed, political leaders in Scotland renew their drive to secede from the UK.
Sen. Toomey should read Mises or Rothbard, and check other resources on mises.org, and he'd be able to grill Yellen with greater intensity next time.
Financial MarketsAustrian Economics OverviewMoney and Banking
Brexit has raised some barriers to globalism, but central banks remain unimpeded in their efforts to work together to manipulate economies.
Free MarketsGlobal EconomyLegal System
Brexit is not so much a victory as an opportunity, a chance to once again spread the ideals of peace and free trade from which all human progress derives.