Janet Is Yellin' Nonsense. Stagflation Is around the Corner
The canary in the coal mine, is the consumer in our current economic period. We can still hear it, but it is growing weaker.
We clearly hear Janet Yellen telling us in a March interview that rapidly increasing credit card use by consumers is normative. Is it normative to use credit card debt to offset “transitory” inflation?
Connecticut’s Housing Shortage Is Rooted in Government Policies
There is no shortage of experts that the government is willing to hire to gain public favor for a particular policy. For Connecticut, that expert is a man named Cameron Rifkin, a policy associate for the National Council of State Legislatures. On December 4, 2023, at a legislative roundtable discussion on housing, Mr.
Marx, Class Conflict, and the Ideological Fallacy
Our present cultural landscape is filled with the language of class conflict, ideology, bias (conscious or unconscious), and the politicization of everything. While there are many contributors to this, we can largely thank (or blame) Karl Marx and his theory of class consciousness and class conflict. While not necessarily following Marx in his economics, these concepts have captured the imagination of many, especially in the modern Western world.
Golden Opportunities Ahead
The Twilight of the Antifederalists
New York was the toughest nut for the Federalists to crack. For here was one state where not only was the population overwhelmingly opposed to the Constitution, but the opposition was also in firm and determined control of the state government and the state political machinery. Here was a powerful governor, George Clinton, who would not, like Hancock and Randolph in the other critical states, yield to a sellout under pressure.
Failing to Make the Case for Race-Based Reparations
Reconsidering Reparations by Olúfẹ́mi O. Táíwò, Oxford University Press, 2022; pp. 261
Olúfẹ́mi O. Táíwò, who teaches philosophy at Georgetown University, has a very different view of justice from libertarians. We believe that justice is based on the libertarian rights of self-ownership and Lockean appropriation, expressed in laws that apply to everyone and do not discriminate between different races or classes of people.
Will Oklahoma's Legislature Embrace Sound Money? Maybe
On February 5, 2024, Oklahoma Representative Cody Maynard introduced House Bill 3027, which would eliminate all capital gains taxes on gold and silver and expand legal tender to include not only gold and silver coins issued by the US government, but other specie that an Oklahoma court rules to be within state authority to make or designate as legal tender.