A Dozen Dangerous Presumptions of Crisis Policymaking

Congress and the president have adopted many critically important policies in great haste during brief periods of perceived national emergency. During the first “hundred days” of the Franklin D. Roosevelt administration in the spring of 1933, for example, the government abandoned the gold standard, enacted a system of wide-ranging controls, taxes, and subsidies in agriculture, and set in motion a…

Continue Reading

Airlines across the globe count the £7bn cost of Covid

A slower than anticipated global vaccine rollout and wider failure to get Covid under control will cost airlines $10bn (£7.2bn) more than previously predicted, according to the organisation that represents global airlines. The warning from the International Air Transport Association came as Ryanair chief executive Michael O’Leary warned on Wednesday there would be “seismic” cut in capacity across the industry…

Continue Reading

Made in Britain: Functional Gut Diagnostics

Functional Gut Diagnostics is a Manchester-based health-firm which looks to provide a quick and accurate diagnosis for anyone suffering with gastrointestinal problems. Simon Freedman, general manager of Functional Gut Diagnostics, talks to us about how the company has developed over the years. What is the story behind the company? As a Gastrointestinal (GI) Physiologist, a clinician who specialises in GI…

Continue Reading

Elections in the Bicameral Congress

[Chapter 14 of Rothbard's newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] The nationalists who went into the convention agreed on certain broad objectives, crucial for a new government, all designed to remodel the United States into a country with the British political structure. They had the ultimate advantage of any group that knows what it wants in…

Continue Reading

Primark to repay £121 million in furlough cash despite falling sales

Primark’s owner will repay £121 million in furlough money claimed under government job retention schemes and pay out a dividend to shareholders despite a slump in profits. Associated British Foods (ABF) said the decision comes despite stores remaining closed for most of the autumn and winter period, leading to revenues and profits plunging. Sales were down 17% to £6.3 billion…

Continue Reading

The Enemy Is Always the State

The web loves nothing more than a good brawl, so people often write me to ask me to respond to a critic of LRC or the Mises Institute. There's certainly no shortage of them, and they come from the Left, the Right, and everything in between. My first thought on the request is that the archive speaks for itself, and…

Continue Reading