Archives for

Murray Rothbard

Letter From Pennsylvania: Gov. Wolf Proposes Damaging Budget Rx

Colin McNickle, It was contrarian economist Murray Rothbard who famously quipped that while deficits always are pernicious, “curing them by raising taxes is equivalent to curing an illness by shooting the patient.” And while Pennsylvania Gov. Tom Wolf insisted in his annual budget address on Feb. 7 that he is proposing no “broad-based” tax increases,

Why the Bill of Rights Is Failing

Ryan McMaken, 225 years ago today, the first ten amendments were added to the new Constitution of 1787. Those amendments have come to be known as the Bill of Rights, and taken as a whole, these amendments represent what can only be described as one of the few parts of the Constitution worth applauding today.  While most

Taxation Isn’t Only Theft, It’s Destruction

Michael S. Rozeff | Rulers act on their wants, not those of taxpayers. Where the state is, there is the power to tax; for rulers cannot rule without taxation. As Ludwig von Mises wrote: “The funds that a government spends for whatever purposes are levied by taxation.” Or as Murray Rothbard put it: “All

Donald Trump’s Right on Debt Offensive

James E. Miller, God help Donald Trump’s critics. The paroxysms they have after the mogul–turned–GOP nominee’s policy pronouncements can’t be good for their health. The latest is a real hoot. For dealing with our enormous national debt, Trump wants to do what he does best: negotiate with creditors. How so? By pressuring bondholders to accept

Absolutely True: ‘Millennials Are the Most Libertarian Generation’

Nick Sorrentino  The attached article comes from John Stossel who was at the International Students for Liberty conference this past weekend in Washington DC. I was there too, and John is right. Millennials are absolutely oriented toward liberty, much more so than their parents, that is for sure. The kids at the conference were not

Freedom: Students for Liberty

 On Saturday, some 1,500 students from all over the world gathered to discuss freedom at the Students for Liberty Conference in Washington, D.C. Economist Donald Boudreaux showed the students a department store catalog from 1958 to underscore how the free market, while contributing to income inequality, also dramatically improved the lives of the poor: “The