Natural Elites, Intelectuals, & the State

by Hans Hoppe, explains historically why states employ the academic class to support its ideologies, and how they continue to do so today. It is long, but is worth the time and political theory involved: A state is a territorial monopolist of compulsion, an agency which may engage in continual, institutionalized property rights violations and…

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Regulation – The Problem of Knowing

Other than the principles of freedom at stake with regulatory overhauls by do-gooder politicians, there is another problem that Freidrich von Hayek described about regulation. A description of the Law of Unintended Consequences: The law of unintended consequences is what happens when a simple system tries to regulate a complex system. The political system is…

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