Why the EU Keeps Fighting Brexit
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The 2016 Brexit referendum was the culmination of a debate which had been ongoing for years.
The Dangers Posed by State-Controlled Digital Currency
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It doesn’t require too dark an imagination to realize the gravity of the concerns over the digital yuan. China is a true pioneer when it comes to surveillance, censorship, and political oppression, and the digital age has given the state an incredibly efficient and effective arsenal.
Vices are NOT Crimes
You Don’t Have to “Cultivate Poverty” to Pursue Truth, Contrary to Thoreau
Henry David Thoreau has inspired generation of Americans to live fuller, freer lives. From his story of spending a night in jail as a tax protestor in “Civil Disobedience” to his chronicle of solitary living in Walden, Thoreau reached higher ground by going against the herd.
Why Savings Are So Critical to Improving the Standard of Living
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Among the essential concepts Mises analyzes and dwells upon in Human Action (1949), there is the notion of capital. Mises conceives of capital as a factor of production intrinsically different from land and labor.
How Central Banks Destroy Money’s Purchasing Power
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Most economists hold that a growing economy requires a growing money stock on grounds that growth gives rise to a greater demand for money that must be accommodated. Failing to do so, it is maintained, will lead to a decline in the prices of goods and services, which in turn will destabilize the economy and lead to an economic recession, or even worse, depression.
Michael Hardin on Sacrifice vs. the Gospel of Peace
Three Weeks Later: The Fed Minutes
Somewhere there exists a list of ostentatious, unapologetic behavior exhibited by the Federal Reserve. On that list there must be a spot for the three-week delay on publishing the board minutes, as seen by the June 9–10 Federal Open Market Committee (FOMC) meeting minutes. We can only wonder if the minutes have been significantly edited or instances of great dissent among central bankers omitted entirely. Among the many issues with the Fed is a lack of accountability.