Here is modern economic theory in one sentence: money needs to be plentiful for a prosperous economy. As a corollary: No problem is too big that can’t be resolved with enough money.

On the other hand, here are modern economic results in one sentence: a boom eventually nosedives into crisis, which is the necessary correction, but is delayed or fought by the process that caused it—massive money printing to save significant market participants.

The greater goal of Israel’s legal apparatus is to fend off charges of genocide and war-crimes in international courts of law. Article by Ilana Mercer.

Europe’s economy has grown by a modest 0.2% in the third quarter, according to official figures released Thursday. 

Pat Buchanan’s recent birthday leads me to speculate: how much better would we be today if he had been elected President in 1992 rather than George H.W. Bush? He would have avoided “Operation Desert Storm” against Iraq, with all its disastrous consequences for us ever since. He was wrong about tariffs, but, as Murray Rothbard always said, war is the most important issue, and Pat Buchanan was a strong non-interventionist. That’s why he supported Buchanan.