Economics

MMT

MMT: A Rebuttal To The Theory & It’s Primary Stances

"...This expression fundamentally disturbs my understanding of economics and in exploring the term and its implications and after due consideration I wonder if we can either correct the language being used or restrict the referencing of MMT to fiat forms of money..."
fair share

What Is Your Fair Share?

"When it comes to calculating our fair share, we would need surely to assess the benefits of how society is arranged and the ways we inherit and gain from the aspects that fall to our favor, no? Frankly, no."
deadweight loss

Deadweight Loss: The Hidden Tax

"Deadweight loss occurs when something intervenes in the market and shifts the equilibrium price. Price ceilings, price floors, tariffs, and other externalities can create these pockets."
praxeology

Praxeology: The Nature of Economics

The science of human action, better known as praxeology, is of a different character than the physical sciences. It is our best explanation of...
governance, market, libertarianism

Libertarianism as a Market for Governance

This article was initially posted on The Principled Libertarian. We received permission from the author to re-post the content here. Please visit The Principled...
comic

Comic Economics Part 3: Comics Today

There has been a lot of uproar about comic books over the last two decades. Fans have been on a wild ride, especially if...
socialist

Socialist Democracy: The Truth About Nordic Socialism

Socialist Democrat. That title rings loudly today, and everyone in America knows the word. Unfortunately, not everyone has a real idea of...
welfare

Welfare Costs Not The Responsibility Of The Companies

"...Much of the complaints come from the rising levels of listed Amazon employees that are participating in the SNAP program. There's an issue here too. Amazon has come out and stated that the majority of those listed on the program are either part-time workers, or previous workers that are being accounted in that year. So in effect Amazon is being judged for their part-time workers, or people who don't even work for them anymore..."
deflation

Deflation: The Cure to the Economic Crisis of Government

"Estimates say that as much as 98% of the value of the US Dollar has disappeared since the Federal Reserve claimed a monopoly power over currency in the United States. The only reason the Dollar has not collapsed already is due to legal tender laws, which requires businesses to deal in US Dollars within the US."
segregation

The Free Market: The Enemy of Racists

In a market setting, racists who arbitrarily discriminate are forced to pay for that decision. If an employer refuses to hire anyone of a...

Latest articles

Ruff

Ruff and Phillips Speak to the Success of Libertarian Party Down Ballot Wins

"Kim Ruff is a candidate for the Libertarian Party’s nomination for president in 2020. Her campaign is dedicated to focusing on local elections and to impassion people to be the spark to reignite liberty."
Greta Thunberg

Greta Thunberg and the Problem of Child Soldiers

"The first step in solving a problem is to acknowledge that there is one. The faster we acknowledge how unacceptable this is in politics, the sooner we can all hopefully move beyond them."

What Is ‘Left’ and What Is ‘Right’?

The German liberal-conservative magazine Junge Freiheit (Young Freedom) published a  survey in 2018 about how the Germans see themselves politically on the left-right scale....