Peter's Blog

One of the central ideas of Austrian economics is that local knowledge cannot be encapsulated and transported into a different situation; however, relevant information can be transported within the price system. This insight suggests that only individuals will have the best information regarding their lives, and that only towns will have the best information regarding […]

What if I told you of a land in which people could vote on the state’s ability to tax them? If the state had not given anything worthwhile to the people, they could in principle refuse to be taxed until the state regained their trust. The states and towns are largely free to decide upon […]

While the Federal instinct to encroach is constant, an uncomfortable historical fact should slow down your enthusiasm whenever you hear cries for unity during war time. The enemies that America faces are our enemies for good reason, but the current bloated state of the Federal government has been allowed only through a series of encroachments […]

Critics of President Trump are fond of calling his administration an oligarchy of wealthy businessmen. What they fail to realize, however, is that the United States government has long been an oligarchy, prone to extracting wealth from its citizens and unaccountable even to elections.