A Brief History of the Gold Standard, with a Focus on the United States
[This article is part of the Understanding Money Mechanics series, by Robert P. Murphy. The series will be published as a book in 2021.]
Trump’s Payroll Tax Order Is Good Politics, but Doesn’t Offer Much Tax Relief
Trump Agonistes
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Can Donald Trump, against all odds, still win in November?
Kamala Harris Is Basically Obama-Clinton 2.0, but Worse
Kamala Harris Is Basically Obama-Clinton 2.0, but Worse
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Presidential candidate and former vice president Joseph Biden announced Kamala Harris as his running mate today. Harris is currently a US senator from California and the former attorney general for the state. Biden’s choice brings her back to the fore of the 2020 race after having dropped out as a presidential candidate in early December.
Why Chicago’s Mayor Blames Her City’s Murders on Wisconsin and Indiana
Mises on MMT, Seventy Years Ago
Modern monetary theory, with origins both in chartalism and the “functional finance” doctrine of the 1940s, is the freshest left-progressive gambit to justify radically increased federal spending.
Jefferson on the Family and Liberty
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Thomas Jefferson has valuable things to say about two key criticisms of the free market. I learned about these from reading C. Bradley Thompson’s America’s Revolutionary Mind (Encounter Books, 2019) Thompson has done an immense amount on research on the thought of the leading figures of the American Revolution, and I urge everyone to read this excellent book.
Why Chicago’s Mayor Blames Her City’s Murders on Wisconsin and Indiana
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It is now well known that the City of Chicago and Illinois overall have adopted stringent gun control laws over the years. Thus, the pro–gun control Giffords Center gives the state of Illinois a lofty “A-” on its “annual gun scorecard.”
Reflections on the Failure of Socialism
Max Eastman during the time from the Bolshevik Revolution through the early 1950s was one of the most famous political writers in America, known also for such literary works as The Enjoyment of Laughter. He began as a radical and, surprising though it may seem to us today, he first looked upon Lenin with favor. How was this possible? He was, and remained throughout his life, a devotee of the scientific method, and he saw Lenin as engaged in a great social experiment. After a long struggle, he saw the error of his ways.
