Power & Market

With Central Bank Digital Currency (CBDC) banned by executive order, the Fed may have more incentive to explore alternatives in the cryptocurrency market.

I write here to offer a teaser for a video on populism and classical liberalism, a lecture which I gave for the

Territorial expansion allowed the federal government to directly rule its many new federal citizens without any state government as intermediary. 

In Germany, as elsewhere, “democracy” means whatever the ruling class says it means. Often, that means banning dissident political parties.

Like their American counterparts, libertarians in South Korea allied themselves with the conservative political factions and now are paying a price in the face of a political meltdown. As Murray Rothbard noted, it is better to go with principles of liberty than caving in to statists.

Tom Woods and I talk about the need to look beyond the Trump administration to plan for a realistic ideological and political plan moving forward. 

Americans are far more satisfied with the way things are going in their own life than with the US in general.

It is not countries, but governments, which overborrow and go broke. The debtor is the government. The government is quite distinct from the country.

Jamaica is emerging as a rising economic power in Latin America and the Caribbean, widely regarded as an International Monetary Fund (IMF) success story.

The piggy bank originated about 500 years ago at the dawn of capitalism, when ordinary people started to possess silver coins. This 500-year tradition seems to be yet another “minor” detail of life that has been killed by a world dominated by fiat paper money.