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For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is true even...
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Politics
What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being front-and-center. However, the Federal Reserve is...
Politics
With people calling for an audit of the US gold stores at Fort Knox, perhaps we should remember how that gold got there in...
Politics
Does bad money drive out good money? Mark Thornton discusses one of the most impactful principles of modern society.
Politics
Republicans today are decrying the “lawfare” that Democrats are using against them, and rightly so. However, had Republicans not vastly expanded federal criminal law...
Politics
No interventionist government or central bank wants lower prices because inflation allows the government to increase its power while slowly breaching its monetary commitments.
Politics
Money-supply growth accelerated year over year in August by the largest amount in 23 months. The days of falling money supply growth rates are...
Politics
Are Austrian economists clinging to an old-fashioned view of banking? In short, no, and here is why.
Politics
What if we could have eavesdropped on a conversation between Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen? It might have gone as...
Politics
One of the outcomes of the American Civil War was the movement toward centralization of political power in Washington. The Reconstruction regime imposed upon...
Politics
Home prices continue to rise as the government tries to further intervene into the housing markets, all in the name of the “American Dream.”...
Politics
As monetary authorities continue to inflate the money supply, they inflict more and more damage upon the currency. Unfortunately, as the economy falters under...
Politics
Kamala Harris claims that she simply wants food prices to be lower. However, her de facto price fixing scheme would create food shortages and...
