After the Boom Must Come the Bust
Ryan and Tho talk to Mark Thornton about what to expect from the next recession and how we got ourselves into the current inflationary mess.
Ryan and Tho talk to Mark Thornton about what to expect from the next recession and how we got ourselves into the current inflationary mess.
Government and monetary authorities claim that the worst of the postcovid lockdown disruptions are past and a "return to normal" is just around the corner. It will be a very long corner.
The US government simply refuses to acknowledge that scarcity exists.
We like to think of the "deep state" as a conspiratorial entity. In reality, the term describes much of what the federal government does in broad daylight.
The Federal Reserve has yet to get price increases anywhere near its own arbitrary 2 percent goal, but a mild slowing in growth rates has Biden claiming that price inflation is "falling."
No matter the historical era, governments have excelled at one thing: debasing their own currency. Rome was no exception, as Roman government excesses required inflation—lots of inflation.
The Federal Trade Commission seeks an anti-trust judgment against Microsoft for its move to acquire Activision. Like all other anti-trust action, this one has no economic merits.
Economic factors are only some of the reasons why men are leaving the workforce. The decline of marriage has also lowered the supply of workers by lessening incentives for workers.
The migration data from 2020 to 2022 backs up the idea that a great many people are moving from restrictionist covid states to states where the public health technocrats have less power.
While an increase in the supply of gold money would lead to higher consumer prices, such increases in the gold supply do not lead to boom-bust cycles.
It is no coincidence that the boom in mass-produced goods made specifically for children, "coincided closely with the rise of the middle-classes, industry, and capitalism."
In a market economy, gold is sound money. There is no need for monetary authorities when gold rules.
Jeff and Bob break down this week's Davos WEF conference and consider whether global elites really have the mechanisms to impose their plans.
It's been more than 150 years since most state boundaries were drawn in the US. Since then, demographic and political realities have changed enormously. The boundaries should change too.
Tho Bishop and Ryan McMaken celebrate World Economic Forum week.
Does the regulatory system help guarantee safe and effective drugs? Does the system protect drug consumers? Court cases tell us otherwise.
Socialists don't just want to take your property; they also are demanding control of your children and loved ones.
The fiat monetary system is slowly breaking down, taking the economy with it.
Keynesian economists fantasize that a market economy cannot "gain traction" without "stimulus" schemes from the government. In the end, the only thing stimulated are inflation and recession.
Progressives claim that poor nations are that way because wealthy nations exploit them through the capitalist system. Cultural institutions, it turns out, are the most important indicators of wealth and poverty.