Most economists are political apologists masquerading as economists. They are Rothbard’s “court historians” with degrees in economics instead of history.

While most of us know George Orwell as an authoritative critic of totalitarianism, few people know he was a committed socialist and a lifelong defender of communist Leon Trotsky. While he understood totalitarianism, he never understood socialism.

Historical revisionism is nothing new, and recent attempts to label an “antiracist” approach to history have wrongly been called “revisionist.” To better understand revisionism, one must first be grounded in reality, then apply reality-based thought to studying the past.

Congress ought to at least teach Powell, the Fed, and its banker friends a few much-needed lessons.