Voters in last week‘s Democratic Primary in New York City had to choose between a socialist and a crony capitalist. They chose the socialist. Fifty years ago, establishment politicians drove the city into de facto bankruptcy. A new generation of political elites are doing the same.
Voters in last week‘s Democratic Primary in New York City had to choose between a socialist and a crony capitalist. They chose the socialist. Fifty years ago, Establishment politicians drove the city into de facto bankruptcy. A new generation of political elites are doing the same.
Contrary to popular myth, every Republican president since and including Herbert Hoover has increased the federal government's size, scope, or power. Over the last one hundred years, of the five presidents who presided over the largest domestic spending increases, four were Republicans.
Our media, higher education, and, of course, governments tell us that our social and economic problems are due to capitalism. Yet, what we see are governments bringing us inflation, chaos, and the horror of war. It's time we abandon the fiction that governments "serve the people."
Our media, higher education, and, of course, governments tell us that our social and economic problems are due to capitalism. Yet, what we see are governments bringing us inflation, chaos, and the horror of war. It's time we abandon the fiction that governments "serve the people."
Socialist mayoral candidate Zohran Mamdani has emerged as a serious challenger to Andrew Cuomo in the race for mayor of New York City. If Mamdani wins, he promises to vastly expand government control of housing and businesses there.
If we were to claim independence from the modern-day royalty of the beltway, the markets will ensure better holidays in the future.
Socialist mayoral candidate Mamdani won the Democratic primary for mayor of New York City on promises to vastly expand government control of housing and businesses there. It worked.
Elon Musk has thrown in the towel on the Department of Government Efficiency (DOGE) in all but name. Mises correctly anticipated failures like these.
Elon Musk has thrown in the towel on the Department of Government Efficiency (DOGE) in all but name. Mises correctly anticipated failures like these.
