Government is a Racket

The American Revolution was fought to free American colonists from an overbearing British government. Yet, only a few years after independence, Americans

Early Railroads and Hospitals

The 19th century saw the creation and expansion of railroads in the United States, which hauled freight and carried paying passengers. One

Taxi Tyranny in Paradise

Our author went to St. Croix in the US Virgin Islands, expecting a vacation in paradise. Unfortunately, thanks to the USVI government‘s

The Best Five Sectors, #22

Sector Rotation: A Week of Stability Amidst Market DynamicsLast week presented an intriguing scenario in our sector rotation portfolio. For the first

Government and Economic Growth

Modern macroeconomic theory claims that government spending, taxation, and monetary creation is essential for economic growth. Austrian Economists, however, note that government