The Euro Is a Frankenstein-Currency

In 1818, the English writer Mary W. Shelly (1797-1851) published her gruesome novel Frankenstein: The Modern Prometheus, which became world famous. In the story, the scientist Dr. Victor Frankenstein pieces together a human-like creature from cadaver parts in his laboratory and succeeds in breathing life into its body. But Frankenstein would immediately like to eliminate the monster he has created. He sees it as a demon, calling it a “disgusting monster,” a “cursed Satan.” The monster immediately realized that it is excluded, outcast from human society.

Why the Crony Class Loves Artificially-Low Interest Rates—And Why You Shouldn’t

In our bureaucratically-managed economy, financial prosperity increasingly depends on how close one can position himself to the dissemination of newly-created money. Understanding this critically means identifying the link between this “prosperity” and newly-created money. Since creating money from nothing can’t possibly be productive, or enhance wealth in any real way, there is no direct link to prosperity. The connection must be indirect, and indeed it is.

The Politics of Envy

Socialists and other leftwingers support taxation of the income and wealth of the well off. They say that they want to promote “equality” and “social justice,” but in fact they are motivated by envy. They want what others have. They can’t stand the thought of other people’s having more money than they do.

Do We Finally Have a Peace Ticket?

Just as the Harris/Walz campaign was looking for a boost from the content-free Democratic National Convention last week, real drama broke out that pulled the country’s attention back toward Republican candidate Donald Trump. Rumors had been swirling for days that Robert F. Kennedy, Jr. might suspend his independent run for the White House and endorse Donald Trump and on Friday he did just that.