Taking a Closer Look at the Vaunted Scandinavian Welfare States
How a Trickle Can Turn into a Flood
What the Technocrats Call “Economic Stability” Is Really Just Inflation
There’s a growing palpable sense of optimism among many economists and journalists that the United States economy is heading toward a growth phase while avoiding recession.
These Four Things Are Keys To Building the Wealth of Nations
Trading, forecasting, aggregating, and innovating—referred to from here on out as the Four—are activities that people have engaged in since the beginning of humanity. They are part of the human fabric because they stem from mankind’s peculiarities—heterogeneity, inclination to forecast, sociality, and inventiveness. The Four are key social interactions in human life at both the individual and aggregate levels.
The “Climate Emergency”: Fueled by 21st Century Marxism
Europe currently faces several challenges that potentially harm the quality of life for people in general but especially for young individuals, preventing them from developing their lives autonomously and independently. The housing crisis, reflected in overcrowded accommodation affecting 28 percent of young people aged 15 to 29, is just one example.
Israel Isn’t the Brilliant Friend of Freedom the Beltway Claims It to Be
It certainly wasn’t the only time calling a perceived ally of DC a democracy became a tradition with India. While India could have been the first non-European “ally” to receive such treatment since the heydays of the Cold War, the immense support India currently enjoys despite a litany of human rights violations will never outclass the kind of prowess Tel Aviv has from the grassroots and political elite in the Beltway.
The Federal Reserve is Running Losses. Does This Cost Anyone Anything?
Financial statements of the US Federal Reserve, which consists of the board of governors in Washington and twelve district reserve banks across the country, indicate that the consolidated system has generated both capital and operating losses for the past couple of years. The Fed was created in 1913 to issue and circulate an “elastic currency” that could respond to consumers’ demand for cash, end bank runs known then as “money panics,” and serve as a “lender of last resort” to the nation’s commercial banks.
Is Migration a Tool of the Consumptive Class?
Migration is part of the wider concept of economic freedom. This makes it desirable if prosperity is the goal of policy. But more applicable to the current attitudes and values of Western leaders than mundane economic arguments, migration presents an opportunity to increase the pool from which they extract real income. This is required in the face of poor demographics and growing socialistic ambitions.