Libertarians would like to see the abolishment of the state altogether, but that is not likely in the near future. So, what political actions do libertarians do while the state still has power? Murray Rothbard had some thoughts on that.

When government becomes involved in finance, interest groups abound, each one seeking wealth transfers to the detriment of others. This has been the case since the founding of this country, and AI is just a new chapter.

While Bitcoin in its early days promised freedom from the tyranny of fiat currency, those days are gone. Instead, Bitcoin owners are now satisfied if its value goes up against the dollar.

While Bitcoin in its early days promised freedom from the tyranny of fiat currency, those days are gone. Instead, Bitcoin owners are now satisfied if its value goes up against the dollar.

The notion that AI can take over an economy is fantasy. A market economy is not made up of competing algorithms but rather sets of prices that lead to discovery.

For more than a century, economists have tried to reduce economics to a series of mathematical equations and statistical analysis. They have failed miserably, but that doesn’t stop them from continuing down the same mistaken path.

While the Fed continues its “two percent” charade, the central bank has been inflating the US economy into ruin. The latest Fed capers will not end well.

The people of Iran suffer not only from authoritarian rule, but they also are victims of an economy in which the authoritarian rulers engage in central economic planning that is destroying the economy. It’s an economy based upon plunder, not production.