Warsh wouldn’t be offered the job if he were a departure from the usual model of Fed chairs. He’ll inflate plenty, especially when recession hits. 

[The End of Value-Free Economics edited by Hilary Putnam and Vivian Walsh (Routledge, 2012; ix + 229 pp.)]

“The Max Planck Institute for Demographic Research (MPIDR) proclaimed that “the current violent death toll” in Gaza likely exceeded 100,000...”

Recently, the United States military captured Venezuelan President Nicolas Maduro. President Trump called him a “narco-terrorist” and initiated the action. Whatever a “narco-terrorist” is, Maduro is certainly another in a long line of “socialist” leaders that did not hesitate to murder and impoverish their own citizens, all the while lining the pockets of his family and his cronies. The standard of living plummeted and millions fled Venezuela in the years that followed his rise to power.

When it comes to any historical study, we always necessarily operate with a limited record. Thus, first-hand primary source documents are key resources. One such key document is The Interesting Narrative of Olaudah Equiano (1789)—an African man, captured as a slave in his youth, who was carried across the Atlantic in the Middle Passage. (If interested, see this 2005 documentary).

The history of human progress is not written by government decrees, but by freedom of choice and the protection of property. The success of the most prosperous societies, from the founding of the United States to Argentina’s economic recovery in 2026, for example, results from principles discovered centuries ago. These ideas are part of the Austrian School of economics, in which it is explained how order arises from the individual and why any attempt at central planning results in failure.