Many libertarians are already convinced that the private market can do anything the government can do, only more efficiently. There’s the historical example about Lysander Spooner outperforming the US Postal Service in the 18th century. Wherein he was so efficient at delivering the mails at a cheaper rate and to his customers’ front door, that…
Of all of the articles I have written, this one has pained me the most to write. In it, I will have to site and at times defend John Maynard Keynes, not his “General Theory”, but another paper he wrote in 1930 titled, “Economic Prospect of our Grandchildren“. If you haven’t read it, please read…
In the first two installments of the Death By Taxes series we discussed the history, motivation and reasoning for adopting an income tax and its ramifications for both consumers and entrepreneurs. In this third installment, we will discover “Cui bono” or who benefits the most from the income tax. The truth is far from what…
April is the time of year when I reflect back to the passage of the 16th Amendment and the Federal Reserve Act. Two juggernauts that have done more damage to our standard of living than any other pieces of legislation. There is nothing good about being taxed, especially having your income taxed. It is…
The Blue Collar Economist 