This “smooth functioning” market explanation endorses the same proverbial green-light to all central bank interventions. If it wasn’t for the Fed, markets wouldn’t function properly, or at least that is the basis for all inflationist policies put forward by the Fed.
Voluntaryism. It is an awkward term. Yet that was what political philosopher Auberon Herbert called the only social arrangement that respected people’s self-ownership.
Historians still ponder why, despite its dominance in prior centuries, China failed to industrialize before Europe.
Societies are more prosperous when citizens produce and innovate without government intervention.
Frank Buckley, a professor at Scalia Law School, thinks we should take secession seriously.
Peter Schiff is a well-known critic of bitcoin, and while he is an excellent resource on many economic and political topics, he misses the mark on
What is the evidence for the plethora of bureaucrats who want us to worry more? Observe the massive outpourings of these "worrycrats"—over TV, radio, and in the press—about lung cancer, heart failure, mercury, seat belts, and more.
Federal income taxes are almost entirely about control and not revenue. The byzantine rules and selective enforcement are perfectly designed to keep ordinary people with limited means in mortal fear of the IRS.
"Since the Fed cannot measure or even clearly identify the effect of its intervention, it becomes impossible to say whether the intervention was a successful endeavor."
