From COVID Lockdowns to Exchange Rates, Capital Theory, and Monetary Policy
Keynes: IS-LM, Socialism, and Modern Macroeconomics
Are Trade Deficits a Sign of Economic Strength?
AERC 2025
Are Economic Crises and Crashes Inevitable?
How to End the Fed
So much has been written about why we should end the Federal Reserve, and with the recent public demand for an audit, the message has finally reached the masses. Hopefully, if such an audit manifests, it will be the first step toward ultimately dismantling the Federal Reserve. (We should start with the extremely shady Bank Term Funding Program). But very little has been written about how to end the Federal Reserve, and that is what I wish to address here.
The Many Disguises of Socialism
In his book, Socialism, Ludwig von Mises warns about the threat posed by socialism to peaceful co-existence and to Western civilization.
Pre-Colonial Igbo Diplomacy: Challenging the Myth of Diplomatic Absence
The assertion that pre-colonial Africans had no concept of diplomacy is both misleading and ahistorical. Among the Igbo-speaking people of southeastern Nigeria, a rich tradition of diplomacy flourished long before colonial incursions disrupted their political, economic, and social systems. The Igbos practiced intricate and effective diplomatic strategies rooted in pragmatism, negotiation, and cultural values, ensuring peaceful coexistence and mutual prosperity with neighboring groups.
Karl Popper on Marx
The philosopher Karl Popper devoted considerable attention to Karl Marx in Volume 2 of The Open Society and Its Enemies, originally published in 1945, and in this week’s column, I’d like to consider some of his insights.
Popper’s most fundamental criticism of Marx is expressed in this paragraph: