“A neutral mode of taxation is conceivable that would not divert the operation of the market from the lines in which it would develop in the absence of any taxation.”
~ Ludwig von Mises, Human Action (1949)
Economists have long believed that government’s tax and expenditure policy either is, or can readily be made to be, neutral [...]

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Until a few years ago, the conservative spectrum could be comfortably sundered into the “traditionalists” at one pole, the “libertarians” at the other, and the “fusionists” as either judicious synthesizers or muddled moderates (depending on one’s point of view) in between. The traditionalists were, I contend, in favor of state-coerced morality; the libertarians were allegedly [...]

Ron Paul is a most unusual politician–in many ways. In the first place, he really knows what he’s talking about. He is not only for the gold standard. He knows why he is for it, and he is familiar with the most advanced and complex economic insights on the true nature of inflation, on how [...]