Peter's Blog

Although Aristotle lived over 2000 years ago, he had ideas about money that are extremely relevant to today. He believed that rather than having some intrinsic worth, money was a human convention that enabled coordination between people. He also believed that money was best used to satisfy needs rather than wants, which he made it […]

Distributism is a recently resurgent form of social and political thought that attempts to create a free society ordered in a specific way through state intervention. This sounds like a paradox, because it is one. Distributists do not like to believe that they are proponents of larger forms of government, however their policies almost inevitably […]

Rather than being a radical antidote to the perceived errors of market capitalism, socialism is actually very similar to capitalism, but with some extra steps of inefficiency. Capitalism often consolidates the means of production through increasing returns to scale, and sorts people through the pice system into the roles where they would add the most […]

As Trump’s crony capitalism and socialist inroads in the Democratic Party crowd out defenders of free markets, many assume the only choice is between capitalism and socialism. But a third danger lurks — the possibility that rejecting both leads not to liberty, but to feudalism or primitivism, systems where rights collapse and poverty reigns just […]

Peter recently joined crypto advocate Randi Hipper on her podcast for a conversation about the merits of crypto and precious metals and the state of the economy. Peter lays out a compact, libertarian case for limiting government, defending private property, and sticking with sound money. He traces his worldview to early lessons in Austrian economics, […]

People hold a wide range of beliefs concerning human nature, and these different beliefs impact how they view the role of government and the proper prerequisites for society. These beliefs are often left as an unspoken assumption that leads groups to differ in their political beliefs. This article will be an examination of how a […]

In an age of large (and often state-protected) corporations, interventionists cite “economic power” as justification for their preferred policy. But, as the late Austrian economist Murray Rothbard explains, so-called “economic power” is essentially different from state coercion. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those […]

While free trade has never been universally popular in America, today its principles are under economic and moral attack from both the left and the right. Yet, the greatest concession that opponents of free trade make is, ironically, their love of the services that the market makes available to them.

While the efficiency of the free market is very often accepted in the realm of industry, the environment is often used as an example of the government’s necessary role in the economy. Public goods are used as an example of the problems with market allocation. Short-sighted business owners are apparently unable to see or account […]