Month: March 2019
The predictable capitulation of the Powell Fed
In 2008, when the Federal Reserve resorted to the radical step of quantitative easing to combat the Global Financial Crisis, few would have imagined that more [...]
Is taxation theft?
Taxation is theft. For those who follow a strict definition
of private property rights there is little doubt: the morality of taking that
which belongs to [...]
Beware the pitfalls of a 70% tax on the rich
Radicalism
has arrived at the centre of US tax policy. Alexandria Ocasio-Cortez, the
mercurial New York congresswoman, recently proposed a 70% marginal tax [...]
How war damages capitalism’s reputation
Free-market capitalism has a bad reputation. The easy promises of socialism are an obvious part of the problem, able as it is to paint the individualism of [...]
Climate change is Big Government’s Trojan horse
When thousands of school children walked out of class to join a UK-wide protest against political inaction on climate change, they were widely applauded. Some [...]