De-Dollarization and the Fall of American Hegemony
Do We Need a “National Divorce”? It’s Not a New Idea
News reports have been studded in recent weeks with talk of a “national divorce.” Georgia congresswoman Marjorie Taylor Greene has been the face of the national divorce movement, but she is hardly alone in her view that Republican and
The World War Boom and ‘46 Bust: Why War Does Not Keep Us Out of Recessions
When I took my high school’s twentieth-century world history class, both the teacher and workbooks claimed repeatedly that World War II took us out of the Great Depression. Why would anyone question this? After all, unemployment went down. The US Bureau of Labor Statistics measured the unemployment rate from 1929 onward. In 1939 the unemployment rate stood at 17.2 percent. By 1942 it was at 4.7 percent, and by 1944 it was at 1.2 percent.
Tennessee Governor Signs Bill to Protect State Funds with Gold and Silver
Tennessee Gov. Bill Lee has signed a measure into law that would empower the State Treasurer to invest state funds in physical gold and silver.
House Bill 1479, introduced by Rep. Bud Hulsey, passed out of the House of Representatives on Monday with a 98-0 vote. A week later, the same bill received a 33-0 vote in the Senate.
Why Fractional Reserve Banking Is behind Bank Failures
Climate Activism: The Second Children’s Crusade
How Politicians Use Regulations to Deflect Blame
The Outbreak of World War I: A Libertarian Realist Rebuttal
The Instability of Stablecoins
At the Austrian Economic Research Conference (AERC 2023) event in Auburn, Alabama, behind a wooden podium once used by Ludwig von Mises, I presented my paper: The Instability of Stablecoins.
Whether it’s called a pyramid, ponzi, shell game, or a grand delusion containing fraudulent elements, there’s something peculiar going on in the stablecoin industry; almost too familiar, and it requires explanation...