“Spend Now, and Deal with the Consequences Later” Is the Worst Policy
Fed Socialist Money Manipulation Cancels Individuals’ Better Judgment
Burning Down Rothbard
Burning Down the House: How Libertarian Philosophy Was Corrupted by Delusion and Greed
by Andrew Koppelman
St. Martin’s Press, 2022, 320 pp.
An Evening with Dr. Ron Paul
It’s Time to Abandon America’s Fetish for “Unconditional Surrender”
On Monday, thirty members of the Congressional Progressive Caucus called on the Biden administration to pursue a negotiated peace settlement or cease-fire with Ukraine. The letter from the Progressive Caucus is careful to praise the administration for its ongoing efforts to fund Kyiv’s war effort, but also concludes that not enough is being done to encourage a negotiated settlement.
How We Win
The Beginning
One More Time
Everyone expects the Federal Reserve to increase rates next week. The CME Group assigns a probability of 97% that the Fed’s target rate will rise from 3.0-3.25% to 3.75-4.0%. With the Fed hiking for quite some time, and inflation maintaining a 40 year high, at least two things should now be apparent: Raising rates to fight (price) inflation does not work and the Fed will continue raising rates to fight inflation.
Jeff Bezos, Charity, and Economic Well-Being: Wealth Creation Reduces Poverty
Billionaire Jeff Bezos has become a target of ridicule because his ex-wife MacKenzie Scott has been doling out colossal sums to charity. Compared to Scott, Bezos’s donations are quite slim and many are painting him as stingy. But are critics misguided in how they perceive the utility of philanthropy?