Taking Stock of the Assets We Have (and We Have a Lot of Them)
No one knows what the future will bring because the future doesn’t bring anything. People do. You and I and the rest of the world make the future, some more so than others—some a lot more so. The leading future makers of the past century—at least those who entered national politics—have left a long trail of blood and misery, and today’s political leaders are staying the course.
There’s an old saying: “Man proposes, but God disposes.” In other words: “If you want to make God laugh, tell him your plans.”
The Mali Empire: An African Story of Gold and Greatness
Official history is not necessarily truthful history. Perhaps no place is more congruent with that than Africa. Not to their fault, most people tend to have a wildly superficial understanding of African history. Press narratives, imagery, and films have largely emphasized slavery, colonialism, poverty, conflicts, and the like. A posture that does not help repair and restore African dignity but instead perpetuates some false and discriminatory views.
The Acadian Community: An Anarcho-Capitalist Success Story
While anarcho-capitalism is an ideology, there have been a handful of historical precedents that confirm it to be achievable in the real world. Some of the most common examples are the Old West, Medieval Iceland, and Cospaia. There is another wonderful experiment in statelessness that has gone largely unrecognized until recently: Acadia, Nova Scotia.
The Attempt to Prosecute Donald Trump Is Unleashing More Than Our Political System Can Handle
With the recent FBI raid on Donald Trump’s Florida home, the Democrats and the Biden administration have raised the political stakes to a level from which this country as we have known it may never return. All one can say to those that are demanding a criminal prosecution of the former president is: Be careful what you wish for; you just might get it.
“Coup” Means Whatever the Regime Wants It to Mean
In the immediate aftermath of the January 6 riot at the US Capitol, many pundits and politicians were eager to describe the events of that day as a coup d’état in which the nation was “this close” to having some sort of junta void the 2020 election and take power in Washington.
How Long Will This Recession Last?
The most important question for asset prices right now, from stocks to houses to Bitcoin, is whether we’re due for a recession. Last week we got confirmation that according to the traditional definition of a recession – 2 quarters of negative growth – we are already in a recession.