Austrians See No Common Sense in the Common Good
Vice-President JD Vance has been touting “common-good conservatism.” It is clear that the man has no understanding of economics and the real world.
Vice-President JD Vance has been touting “common-good conservatism.” It is clear that the man has no understanding of economics and the real world.
J. D. Vance raised a few eyebrows invoking Huey Long as a populist. The problem is that the populist from people like Long and Bernie Sanders is that it is based on confiscation and destruction of wealth and property. Murray Rothbard proposed a real populism.
JD Vance raised a few eyebrows invoking Huey Long as a populist. In other words, the so-called populists really are calling for platforms of wealth destruction and lower living standards for all. Murray Rothbard proposed a populist alternative.
For all the claims made by socialists that capitalism produces monopolies, socialists argue for one big monopoly to control everything: the state.
After many years of ruinous socialist rule, Zimbabwe desperately needs to rediscover private property rights in order to become prosperous.
The interference of US sanctions against Cuba are also interfering with airline schedules and are damaging the airline industry.
Murray Rothbard wrote many years ago that government regulation, ostensibly created to protect consumers, actually protects incumbent producers from competition. Decades later, nothing has changed.
Yogi Berra, Hall of Fame catcher with the New York Yankees, used to say, “Always go to other people’s funerals.
According to AOC and Bernie Sanders, it is impossible for someone to obtain a billion dollars of income by any means beyond theft. How much of a mega-income is due to entrepreneurial profit and how much is a wealth transfer?
The possibility that there may be offshore oil deposits in Jamaica has brought some to say that finding oil would actually be harmful to the nation’s economy and social fabric. Jamaican Lipton Matthews takes issue with that claim.