The Question: A MAGA Mea Culpa
When it comes to supporting the Trump administration, there is room for some honest self-reflection: What did I know and when did I know it?
When it comes to supporting the Trump administration, there is room for some honest self-reflection: What did I know and when did I know it?
Net Present Value (NPV) is a popular decision-making criteria used by firms to make key, crucial choices about how to allocate resources across an economy, but this can be misleading especially when interest rates are manipulated via inflation.
What would be the economic consequences if one individual had a money printer? Now trace that out to a central bank and government.
What if the affordability crisis is not a failure of markets at all? What if it is the predictable outcome of how modern governments finance themselves?
One way to compare prices of similar commodities and services over long periods of time is to convert the nominal prices to ounces of gold.
As government control expands, the space for individual freedom contracts. This is not a historical accident, but the result of decades of planning and social engineering, where the autonomy of the average citizen is sacrificed on the altar of an omnipresent state.
If the US annexes Greenland, NATO will have failed in one of its core purposes: to maintain the territorial status quo while outsourcing Europe's defense spending to the US taxpayer.
Infrastructure can be built under freedom because freedom disciplines action. Under coercion, it becomes theater.
The operation is launched and the “objectives” are quickly reached. Or so they claim. But then it all falls apart. We become poorer as the special interests get richer.
Long before Soviet propaganda cynically rebranded the Nazis as “bourgeois,” and long before modern academics lazily stamped them “far-right,” Mises dismantled National Socialism with clinical precision.