Repudiating the National Debt
Although largely forgotten today, repudiation of public debt is a solid part of the American tradition.
Fiscal Theory
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Hitler’s Economics
Hitler is the modern archetype of political evil, but many who condemn him still embrace his policies, writes Llewellyn H. Rockwell Jr.
What Soviet Medicine Teaches Us
In 1918, the Soviet Union became the first country to promise universal “cradle-to-grave” healthcare, writes Yuri N. Maltsev.
Not Enough Inflation?
A closer look at the actual data reveals what Paul Krugman conveniently chooses to leave out.
The Objectives of Currency Devaluation
Governments cannot rebel against the preponderance of generally accepted ideologies, however fallacious.
Deflation’s Inflationary Source
Central banks are fighting a foe — deflation — that is of their own making.
The Fed’s Quasi-Fiscal Policies
The current policies of the Fed are a sharp departure from the old way of performing monetary policy.
