On June 22, President Joe Biden called for a tax holiday for the next three months. As of this writing, it still has to be approved by congress. Many critics have come out in response to this.

 “An economic foundation that was built on cheap money and debt.”

Bond and equity markets have collectively seen one of their worst years on record. 

This may come as a shock to those who have followed mainstream financial outlets over the past two years, as everyday we were reminded of the “robust” recovery and “strong” labor market. 

But our economy is far too dependent on central bank policy. Peter Boockvar is a financial analyst with the Bleakly Financial Group. He sums the problem up succinctly: 

When the average person thinks of the Nazis, what often comes to mind is World War II, the Holocaust, and rousing speeches of hate. However, the National Socialists also had economic and political policies, policies many just assume were either free market or New Deal–style public works projects like the Autobahn. But Nazi policy was not so cut-and-dried.

The recent school shootings have led many people to want to restrict or deny altogether our right to own guns, and in these troubled times, it is all the more essential to bear in mind the reasons for that right. To that end, I’d like in this week’s column to discuss the excellent essay by the philosopher Lester H. Hunt “Guns and Self-Defense,” which has just been published in The Routledge Companion to Libertarianism. (It’s a nice touch to have someone named Hunt defending gun ownership.)

Argentina has provided the prime example of counterproductive policy for most of the past century. At the beginning of the twentieth century, it was one of the wealthiest countries in the world; now it is one of the poorest. More taxation, regulation, and inflation than most other countries experienced have eaten up a large part of the capital that was generated during the era of Argentine capitalism of yore.