Money and Banking in the US after the Crises of the 1970s and ‘80s
In its effort to patch together a working financial system out of postwar crises, the Federal Reserve would wildly exceed its mandate, flooding the world with dollars.
In its effort to patch together a working financial system out of postwar crises, the Federal Reserve would wildly exceed its mandate, flooding the world with dollars.
Thanks to vast regulatory powers, regimes have many tools and many advantages in propping up fiat currencies when faced with competition from other currencies.
Countries must remain free to refuse the edicts of global institutions of "government" like the World Bank or the IMF. This is true even when the stated goal is advancing free markets.
Across so many fields, from money to nutrition, I’ve found that the corollary to the government-heavy approach is a desire not to make choices for oneself.
Germany's government is pushing a new plan for massive spending on a "Climate Fund." This is justified with the usual Keynesian myths about the benefits of government spending.
This is freedom: "That he is independent of the arbitrary power of his fellows … [freedom] arose in the process of social development and its final completion is the work of mature Capitalism.”
Gabriel Boric is no friend of free trade, low taxes, or markets in general. Yet these policies are what made Chile the most prosperous country in South America.
Latin America's antiglobalization epoch, from 1913 to 1970, was marked by high regulations and antitrade efforts that have fueled Latin America's economic problems.
When the Democratic Colorado governor slightly scaled back covid mandates, he met furious opposition from the Left. Expect these people to push mandates forever.
Ryan McMaken and Tho Bishop look at some of the names being floated around for Stephen Breyer's replacement, and expose the inherently political nature of the Supreme Court.
Contractionary monetary policy may be necessary to slow the rise of inflation, but the recessionary results of this remind us why the Fed's inflationary policy is so dangerous.
Bob continues his series on Klaus Schwab, explaining the WEF’s plans for redesigning the world, and providing quotes from Schwab’s book on the fourth industrial revolution.
Following the Louisiana Purchase, the Madison administration sets its eyes on American expansion.
Turkey's President Erdoğan faces a series of crises as the lira collapses and the state's central bank steps in to clean up the mess.
Bob starts a series looking into Klaus Schwab, founder of the World Economic Forum and, along with Prince Charles, proponent of the “Great Reset.”
2021 was the year of binge spending. 2022 is likely to be a hangover.
Bob critiques a Guardian article from an economist favoring price controls, and explains his argument with Joe Weisenthal about the social benefit of saving actual cash.
Flawed as we are and with limited knowledge about the world and ourselves, we might not know what is objectively “best for us long term.” Government planners know even less.
Overall, at least 50 percent of the consumer price index in Japan appears to be government controlled, which is reflected in the significant growth of government spending on subsidies.
Suppose some people don't like the services furnished by a "minimal state." Don't these people have the right to establish their own services to compete with the minimal state?