Why the West Hates Russia: It’s Not Woke Enough?

It’s been only ten years since Barack Obama mocked Mitt Romney for suggesting that Russia is the world’s biggest geopolitical threat. Back then, everyone could see what is obvious: Russia is a country with a small economy and a second-rate military. Its only claim to great power status is that it has a nuclear arsenal. Moreover, Russia is utterly incapable of projecting its power to any region where there is no sizable Russian minority or a majority (i.e., South Ossetia, Crimea, eastern Ukraine).

The Economics of British Colonialism in India

Without carefully analyzing data media outlets continue to endorse the narrative that Britain’s policies drained India of resources and culminated in deindustrialization. Colonialism is a contentious subject and perceptions are shaped by visceral emotions, and hence dispassionate analyses are required to arrive at a logical conclusion. For conclusions to be fruitful, we must desist from entertaining romantic notions about colonialism by admitting that colonialism is an extractive system and it is rarely the goal of colonial powers to develop local economies.

Today’s Fiat Dollar Standard Is Founded in Lies

We live in the age of rampant (monetary and price) inflation, more frequent economic crises, chronic deficit spending, unpayable debt, and massive financial bubbles. That’s not accidental. That’s consequential.

This fact and the many economic, social, and even cultural consequences of our fiat money system remain largely unknown to the majority of people. The US dollar became a fiat currency by deceit and not due to the merit of fiat money or by free choice.

Manuel Tacanho is founder and president of the Afrindependent Institute.

It Wasn’t Capitalism: Mises Explains Nazi Economics

Many readers will already know that Ludwig von Mises considers the Nazi economy to be a form of socialism. In the Nazi system, private property in production goods existed in name only. The ostensible owners were merely managers bound to follow the government’s directives. Rainer Zitelmann, the foremost authority on Adolf Hitler’s economic policies, has fully confirmed Mises’s analysis in Hitler’s National Socialism, which will be published next month. (The book is a revision and expansion of Zitelmann’s earlier book Hitler: The Politics of Seduction).