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Tag: Austrian Economics

Only Congress can tax you. So why are unelected regulators doing it?
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Only Congress can tax you. So why are unelected regulators doing it?

By Jay Davidson | Guest Commentary, Rocky Mountain Voice "I know no safe depository of the ultimate powers of the society but the people themselves; and if we think them not enlightened enough to exercise their control with a wholesome discretion, the remedy is not to take it from them, but to inform their discretion by education. This is the true corrective of abuses of constitutional power." —Thomas Jefferson (1820) A battle of wills has been developing over the past 100 years, actually longer. It's a war between ideas, principles, philosophy and is the seminal event for our children's children. In truth, this conflict is eternal. Once we realize the dividing lines, our life philosophy comes clear. What type of government best suits the concept that Jefferson (the...
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Davidson: Capitalism trusts you to choose. Socialism does not.
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Davidson: Capitalism trusts you to choose. Socialism does not.

By Jay Davidson | Guest Commentary, Rocky Mountain Voice Only one economic system accounts for human nature. Economics is the study of human nature. It seeks to explain how individuals interact in the exchange of a medium of value: money, barter, services, etc. Psychology, social science, even philosophy also study human nature. Whereas these studies can affect us at different times, the economy constantly affects us. An economy is a massive interchange of one product for another. It is more complex than weather prediction. Yet one economic system excels at recognizing human nature to its fullest. And that system relies on the one thing the left tells us is wrong: self-interest. Human nature requires self-interest in order to perpetuate, survive, and thrive. If pursued by a...
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Davidson: The lockdown was an assault on the Bill of Rights
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Rocky Mountain Voice, Commentary, National

Davidson: The lockdown was an assault on the Bill of Rights

By Jay Davidson | Guest Commentary, Rocky Mountain Voice Fauci's testimony is evidence of how the Bill of Rights works now. In this referenced article, Jeff Tucker points out that the personification of the lockdown, Fauci, successfully used the Fifth Amendment to protect his freedom, writing, "It's actually quite inspiring to see how the Bill of Rights works in a case of such significance." But how did the breakdown in individual rights manifest? Was intent behind the panic or did certain people in power jump at the chance to use a crisis to gain control? Perhaps it was simply mass hysteria and no one was behind it and no one amplified it. The fact is much simpler: The pandemic led to massive loss of individual rights and enormous disruption of business transactions. Jeff ...
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