Investing in Gold: It Makes Sense when Inflation Is High

The gold price is off and running this week. But, money creation isn’t listed as a cause, instead, “Policy volatility is off the charts, and it’s especially emanating from the White House,” said Johan Jooste, chief executive officer at Pangaea Wealth AG. “The policies look to be either accidentally or deliberately dollar-weakening, which is a positive for gold.”

Nathan Kreider

Nathan Kreider is a writer focusing on economics, marriage, and family.

True Privatization

The regression theorem demonstrates, as a praxeological law, that money must originate as a marketable commodity before it can evolve into a widely-accepted medium of exchange. Yet what is often missed is that this theorem—logically derived from the axiom of action—has broader implications for the genesis of all social institutions.

Are Tariffs Good for American Workers?

President Trump says that tariffs are good for American workers. He claims that because tariffs raise costs on products manufactured abroad, they will make it feasible for American firms to make these goods here. Economists who oppose tariffs argue that free trade is more “efficient” than protectionism, but what they ignore is that this alleged “efficiency” comes at the expense of American workers. We are Americans, and we should follow an “America First” policy.