Politics
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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For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is true even...
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...
With people calling for an audit of the US gold stores at Fort Knox, perhaps we should remember how that gold got there in...
Mainstream economists are quick to claim that environmental problems are caused by “market failure” that can be “fixed” by government intervention. However, the intervention itself...
Following the collapse of the USSR, many socialists pinned their hopes upon the development of a “market socialism” that would be economically efficient and create equality....
The recent actions of the Federal Reserve are reminiscent of central bank activities in wartime. Original Article: “Has World War III Already Begun?”
Social democrats are so desperate to cast off limits on government that they’ll embrace anything that justifies their ambitions. So they invent theories of money that...
Even under chattel slavery, inequality was still pervasive. Carpenters, sugar boilers, blacksmiths, cabinetmakers, and rum distillers constituted an elite core of slaves. Original Article: “Even in...
Speculators are reviled in the media and by politicians and academics. Yet the speculators are the ones taking risks to ensure the rest of us...