By Ninos Malek The so-called “Big Tech” monopolies are uniting politicians and media pundits from both the left and right. Whether the argument is “too much power” or “censorship,” both sides have problems with these monopolies. Leftists claim that free market capitalism leads to a concentration of power leading to exploitation of consumers. They also oppose subsidies and … [Read more...] about Market Competition Is the Best Solution for Big Tech Power
By Brad Polumbo Millions of Americans have bought into forms of digital, decentralized money known as cryptocurrency, valuing its privacy and independence from government meddling. Naturally, politicians in Washington want to rain on the parade and shut down the newfangled currencies— like Bitcoin and Ethereum—that are beyond their control. One of the biggest opponents of … [Read more...] about Exposed: Congressman Trying to “Shut Down” Cryptocurrency Gets Biggest Donations From Big Banks and Financial Institutions
By Lawrence W. Reed Born in Vienna on this date (May 8) in 1899, Austrian economist and political philosopher Friedrich August von Hayek lived to see almost the entirety of the 20th Century. He won a Nobel Prize for Economics in 1974 and died in 1992 at the age of 92. The 20th was perhaps the most collectivist century since the Incan Empire of the 16th—a tragic irony … [Read more...] about F.A. Hayek on “the Supreme Rule” That Separates Collectivism From Individualism
By Nicholas Baum When we normally think of the “political spectrum,” we picture a linear scale extending in opposite directions. The left side we think of as “liberal” or “progressive,” and the right side we consider “conservative.” We like to use this one dimensional map as a way of comparing and contrasting different ideologies and beliefs, simplifying the complexities … [Read more...] about Is Individualism vs. Collectivism the New Left vs. Right?
By Sukhayl Niyazov In big and diverse countries, it is important that smaller units adapt their laws to the local peculiarities and specifics of the economic and public health situation. That is why Donald Trump, when announcing the plan to get America back to work, allowed for states to decide when to reopen, for a single nationwide lifting of restrictions will prove to be … [Read more...] about Local Sensitivity and the Value of Decentralization: Understanding Why Tyranny Is More Common in Centralized States