Why the Fed’s Tight Rate Stance Damages the Economy
On August 16, 2023, the Federal Reserve expressed concern about the pace of inflation, saying future rate hikes could be necessary if conditions do not change. Currently, the federal funds target rate is between 5.25 and 5.50 percent, the highest level in more than twenty-two years.
How Conscription Ended Fifty Years Ago
Economic Calculation Is Nonbinary
What Is the Right Inflation Target for Central Banks?
Flying into Foolishness: The DOJ “Saves” Consumers from Low-Cost Airlines
A New Covid “Variant”…Just in Time for Election Season!
Just four and a half months since President Biden declared an end to the Covid “emergency,” the media is suddenly full of stories about the return of Covid. This time a new “variant” is being rolled out and the media, in collusion with big Pharma and the fear-industrial complex, are churning out stories about how forced masking is making a comeback.
Also, the “unvaccinated” are again to be denied basic human rights in the name of fighting a virus that the vaccine demonstrably does not protect against.
Actor Turned Author Claims Crypto Mess is Capitalism’s Fault
Sam Bankman-Fried (aka SBF) of FTX fame has been sent to Brooklyn’s Metropolitan Detention Center (MDC) for attempted witness tapering. These accommodations are a far cry from the comfy confines of his parent’s 3,000 sf home in Palo Alto. Just last December the crypto wiz was living in a $40 million beachside penthouse in the Bahamas.
Rothbard on the Ukraine War
My title seems odd. How could Murray Rothbard comment on the Ukraine War, when he died in 1995? Of course, he can’t comment on current events. But the principles this great thinker wrote about tell us what he would say about today’s American foreign policy. He would tell us to stop sending money and arms to the Ukraine and to end all sanctions against Russia. What goes on in that region is none of our business. Getting involved risks a nuclear war that would destroy the world.
The Unwelcome Return of Covid Restrictions and Lockdowns
Covid restrictions are back. Almost a year after President Joe Biden said “the pandemic is over,” several hospitals, businesses, and universities have reinstated mask mandates and social distancing requirements. Meanwhile, nearly sixty universities have announced that students must take a covid vaccine to attend for the fall 2023 semester.