An unheralded work on the Austrian business cycle that rivals the work of the greats is Jesús Huerta de Soto’s Money, Bank Credit, and Economic Cycles, which outlines a multistate process of boom and bust.
After decades of financialization and government favors, Wall Street has largely become an adjunct of the central bank. Entrepreneurship is out, and bailouts are in.
The Biden administration has threatened to intervene in Burma to defend "democracy" which really just means putting back into power a woman who is known to support ethnic cleansing. But she said nice things about "democracy," so she'll get the US's nod.
The concern over concentrated influence of corporate special interests is valid, but not because corporate special interests will prevent economic regulation. The problem is corporate executives consistently agitate for more government control.
The Swiss state should end antigold regulations, end negative interest rates, and return to zero rates on bank reserves. These are small steps on their own, perhaps, but would be progress away from the brewing mess that is the eurozone.
Laws against incitement—much like defamation laws—are direct attacks on basic human rights and the freedom of speech. Both place nonviolent people in legal jeopardy merely for the "crime" of expressing opinions.
President Joe Biden has vowed to put a “quick end” to the Trump administration’s Title IX regulations and return to Obama-era ones at universities. If this happens, there will be no due process for those accused of sexual misconduct.
