The California Bullet Train Is a Good Lesson in Political Deception
William L. Anderson
The California bullet train has become the eternal project that won’t go away no matter how big a failure it has become. Political inertia is a powerful force and California politicians have used it to deceive voters and taxpayers, who will face a reckoning.
Refusing to Disarm: The Battle of Lexington and Concord
Murray Rothbard
On the 250th anniversary, we recall that the Americans were willing to disperse, but not to disarm. In 1775, they took up arms against one of the most powerful regimes on earth.
Though stories of the masses are valuable and insightful, the lives of magnates of industry, and the lesser magnates—such as the owner of the mine where my grandfather labored—also need to be told.
When politicians claim they are “creating jobs,” they usually mean hiring people for tax-funded government employment. Jobs in private enterprise help to create real wealth and contribute to growth.
If we accept the Peronist views of the late pontiff, we obviously cannot support the marketplace. But fortunately, there is a better option available to us.
Rothbard’s “Anatomy of the State” introduces the state as a unique, coercive institution, distinct from society. The latest Misesian expands on this view, examining historical commentary on the state’s emergence and its central role in modernity.