[The Sources of Russian Aggression: Is Russia a Realist Power?, by Sumantra Maitra, Lexington Books, 2024; 205 pages]

One of the unfortunate realities of the foreign policy debate in America is that few Americans are paying much attention. This general level of public ignorance makes it much easier for the American foreign-policy elites to then feed the American public whatever lies suit the regime’s agenda.

Frank Shostak recently wrote that an increase in the supply of gold by itself cannot cause a boom-bust cycle as described by the Austrian Business Cycle Theory (ABCT). If that were true, then Austrians would have no explanation for booms and busts prior to central banking.