Want to Be a Whistleblower? You Better Support the Current Thing
This week, with camera crews well positioned with the perfect shot to take it all in, federal agents arrested a man for allegedly leaking classified Pentagon documents mostly related to U.S. involvement in the ongoing proxy war in Ukraine.
Massachusetts Air National Guardsman Jack Teixeira has been accused of leaking sensitive U.S. intelligence documents on to a Discord server. For those who are unaware, Discord is an internet messaging platform for a variety of like-minded communities.
Should Local Municipalities Default on Their Debts? Seems Like a Good Idea
Most Americans do not understand debt default. When it is explained, debt default comes off as immorally reneging on the financial obligations of the government. In contrast, libertarians have demonstrated that it is, in fact, moral and beneficial. However, when default is brought up, it is hardly ever discussed in terms of local governments. So, here is why your local government should leave their creditors in the dust.
Prices, Food, Employment: AI and Robotics Are for Regular Folks, Not Just the Elite
How often per week do you watch Netflix? How many social media platforms are you on and check throughout the day? Do you use self-checkout at the grocery store? Do you review and keep track of your finances via an online source? Are you concerned prices for products and services are increasing, and do you check prices on products and services online? Do you purchase products online and track the package as it is in transit? These are examples of how ordinary folks regularly embrace and use services powered by artificial intelligence (AI).
It’s Not Paranoid to Worry about a Central Bank Digital Currency
In a recent NYT column, economist Paul Krugman mocks Florida Governor Ron DeSantis, who warned that a central bank digital currency (CBDC) would give the government too much power over Americans. Specifically, DeSantis argued that the feds could use a CBDC to further implement the “woke” agenda, penalizing Floridians if they bought too much gas or guns.
Joseph T. Salerno on Murray Rothbard, Demagogic Politics, and the Austrian Economists with ISI
Dr. Joseph Salerno recently joined Tom Sarrouf on the podcast Conservative Conversations with ISI, a product of the Intercollegiate Studies Institute.
In this episode, they discuss Murray Rothbard’s political and economic thought, why a demagogue is necessary for the masses to re-establish control over their government in the age of social democracy, and a primer on the economic theory of the Austrian economists, as well as their underlying anthropology and praxeology.
Why Do Most Countries Have Their Own Currency? Governments Wanted It That Way.
Among the many facts of modern life that are accepted without question by most ordinary people is that it is somehow perfectly natural, expected, and unremarkable that every sovereign state should have its own currency. We see this everywhere in names such as “the US dollar” or “the Chinese yuan” or “the Japanese yen.” Indeed, among the 203 sovereign states of the world, there are nearly as many separate national currencies.
Peace is Breaking Out in the Middle East… and Washington is Not Happy!
While we were being distracted by the ongoing Russia/Ukraine war – and Washington’s increasing involvement in the war – tremendous developments in the Middle East have all but ended decades of US meddling in the region. Peace is breaking out in the Middle East and Washington is not at all happy about it!
Government Budget Deficits Cannot Stimulate True Economic Growth
Keynesian economists say that during an economic slump, the government must run large budget deficits in order to keep the economy going. In contrast, Austrian economists maintain that increased budget deficits are usually monetized, leading to general price increases. Therefore, from this perspective, the government should avoid increasing budget deficits and instead balance the budget.