Who Sets the Prices for Goods?
Contrary to anti-freedom myths, "greedy" business owners don't decide what prices will be for goods and services.
Contrary to anti-freedom myths, "greedy" business owners don't decide what prices will be for goods and services.
Opponents of President Biden‘s immigration policies have resorted to suing the Environmental Protection Agency to claim mass immigration harms the environment.
Anthony Blinken‘s term as US Secretary of State will be ending, although not soon enough.
While it is tempting to think of state power as being maintained by sheer force, it still needs a “theological” justification, be it secular or religious. The US state is no exception.
One of the oldest and most harmful economic fallacies is the belief that, at best, economic exchange is a zero-sum activity. However, free exchange in an unhampered market is always positive.
Trump says he wants to abolish the income tax and replace it with a tax on imports. That's just rearranging deck chairs on the Titanic.
More Republicans support ending the Fed than ever before, while the bitcoin industry has made major investments in Trump's re-election. What could this mean going forward?
Gold prices are being driven by demand in Asia, and savers in East Asia are only too aware of risks stemming from the China-US economic war.
So-called economic moderates claim to support free-market capitalism, but then say that markets still need “some” government oversight. Free markets, however, don't need government-based rules because markets effectively regulate themselves.
In his failed 1896 presidential campaign, inflationist William Jennings Bryan declared that he would “not crucify mankind on a cross of gold.” But at least even Bryan favored silver money. Today‘s political candidates will crucify us on a cross of paper.