Washington D.C., home of the monumental overreaction, is at it again, this time threatening China and the Solomon Islands over a security agreement negotiated between the two.

Forget the fact that 99 percent of Americans couldn’t point out the Solomon Islands on a map, or that we have dozens of military bases and installations in the region, some our Australian allies say we may need to preemptively invade – that according to David Llewellyn-Smith. 

Big Tech—in particular social media platforms like Twitter—has long been a complicated problem to Austrian economists. Obviously, the de facto position on it would be no state involvement whatsoever. However, this becomes complicated when one recognizes the rampant suppression and deplatforming happening right out in the open. This is an obvious problem, especially when we consider that it is often those promoting a divergence from the status quo—which Austrians certainly do—that find themselves targeted.

By now, it should be abundantly clear to all that the official US regime narrative on Ukraine is that one is supposed to be in favor of Ukrainian political independence. That is, we’re supposed to support the idea that Ukraine is a separate state that is politically independent from the Russian state. By extension, of course, the idea that Ukraine is a sovereign state also implies it is separate from all other states as well.

African politicians tend to blame foreign actors or external factors for the problems at home. This is nothing new nor is it unique to African politicians. Across the world, rulers and politicians do not miss a chance to blame domestic woes on local or foreign scapegoats, thus shielding themselves from their own policy failures. 

How can we explain that the currency whose issuer has made the biggest inflationary mistake of all during the pandemic is the strongest (the US Consumer Price Index is up over 8 percent year on year), while that where the inflationary mistake if any has been the smallest (the Japan CPI is up less than 1 percent year on year) is the weakest? There lies the puzzle of the present dollar-yen rate.

University of Chicago professor John Mearsheimer gave a lecture to a group of university alumni in 2014 entitled “Why is Ukraine the West’s Fault,” essentially predicting the Russo-Ukrainian war. The lecture has over 24 million views.

An old joke expresses one of the most common criticisms of the free market. “What is the most beautiful word in the English language? Cash.” The free market, it is alleged, has no place for values that have no price in money. Karl Marx and Friedrich Engels in The Communist Manifesto offer a classic statement of this point of view: