Money: What Is It? The More Important Question: Why Is It?
Most people—and especially most economists—not only are ignorant of what money actually is, but how and why it became part of our economy in the first place.
Most people—and especially most economists—not only are ignorant of what money actually is, but how and why it became part of our economy in the first place.
Why did Barbados postslavery develop a more robust economy than Jamaica even though the people had similar ethnic backgrounds?
Since the Obama administration nationalized the student loan program, we have seen student debt metastasize. Unfortunately, the Biden administration looks to make things even worse.
Green energy advocates want us to believe we easily can transition from conventional fuels to renewables. In truth, such a transition not only would devastate world economies, but also is not technologically possible.
With the shortage have come the usual half-baked bromides about "evil corporations" and how they aren't regulated enough. The real fault lies with welfare statists, Trump-style protectionists, and the FDA.
Tho Bishop and JP Cortez discuss the ongoing legislative battles over money at the state level.
Ryan McMaken and Zachary Yost discuss NATO, Turkey, Russia, and why the USA needs to leave it all behind.
Enforceable and accepted private property rights can help bring some solutions to the acrimonious debate over transgenderism and transgender rights.
Proponents of arming Ukraine against Russia call critics "isolationists" as a pejorative term. But these "entangling alliances" have a history of sad endings with tragic results.
Since the early 1960s, African nations have gained political independence from colonial powers, but the monetary colonialism of fiat money continues.
France is seeing its wealth-to-income levels rise to Japan's level because it is becoming harder for people to save and build wealth.
Money velocity's role in forcing up prices is misunderstood because today's monetary "authorities" fail to consider how new money is injected into the economy.
In the face of the coming hardship, central bankers and globalist institutions are going to demand more power to respond to the crisis they created. Bitcoin gives their political opponents a weapon against them.
Colonialism, imperialism, unfair trade, and more. African politicians look everywhere for the causes of Africa's poverty and chaos but in the mirror.
Social issues, from abortion to critical race theory to teaching gender identity in elementary schools, dominate our politics and media.
Here we are in 2022, worrying about if the world's oldest nuclear powers will be the ones to touch off a global nuclear war. It's not Pakistan or North Korea or "proliferation." It's Washington and Moscow, yet again.
Ryan McMaken and Tho Bishop discuss recent inflation news, broader chaos in financial markets, and another round of funding for Ukraine.
In the final days of the Soviet Union, the Washington establishment was convinced nationalism was a greater threat than Soviet despotism. Thus, George Bush tried to prop up the USSR and prevent Ukrainian secession.