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 […]

Alexis de Tocqueville warned us of the dangers of paternalistic government in no uncertain terms. He visited America and was able to see the unique strengths and weaknesses of our Democratic system. He saw how much of our activity was controlled by the community, and the unique freedom that was possible in our country. While […]

War is often sold to the public as a noble necessity, but those not versed in its true history may not appreciate how reliably it serves as the greatest enemy of liberty, inevitably stripping citizens of rights, expanding state power, and destroying the futures of those who fight. The following article was originally published by […]

While in every nation people have a long list of grievances against their own government, it is generally assumed that this is a normal experience accepted by most. The overreaches of central control and the ever-growing layers of bureaucracy seem to be significant, but always manageable. This normalization of poor governance seems to only have […]

While constantly predicting the inevitable decline of the dollar and the governmentally-entwined systems of commerce that our society is centered around is not often a joyful job, there are still some things that should give you hope for the state of our country and the world. SchiffGold is so often focused on the negatives because […]

In a timeless and ominously prophetic speech, Eisenhower left the nation after his eight years in office with a warning that no one at the time understood the significance of. Although Eisenhower had been at the very heart of America’s military might during World War II, he believed that what he and other American Americans […]

As if the Federal government is able to fully control all the land, people, and resources currently in its control, Trump has begun to aggressively demand US ownership of Greenland. Advocates of the plan justify it by claiming that the US needs Greenland for defense against China. The plan has fractured relationships with dozens of […]

Socialism seems to be on the rise, with jurisdictions like New York City electing avowed socialists to “fix the economy.” Whether it’s state control of the money supply or intervention in capital and labor markets, sound economics demonstrates that central planning never works. The following article was originally published by the Mises Institute. The opinions […]

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 […]

In order to understand the failings of the current American government system, it is necessary to understand where it violates ideological principles of good government. Great thinkers throughout time have all put forward visions of effective rule that have been continuously violated by our current regime for years. Ancient philosophers and modern skeptics have extremely […]