Power & Market
Central Banks Buy Gold, Baltic Dry Index Sinks
David Rosenberg tweeted a graph of the plunging Baltic Dry Index with the comment, “Is there a more deflationary chart than the Baltic Dry Index of
Mark Thornton on Why Socialism Is Deadly and Dangerous
Mark Thornton explains why socialism can never work, the history of the death and misery its caused and we discuss a better way to help everyone li
Powell Claims No “Elevated” Risk for US Recession, NY Fed Models Disagree
When asked about future risk, Powell said he did not “feel that the probability of recession is at all elevated.”
Rothbard and Salerno Quoted on Modern Monetary Theory
Brian Maher of the Daily Reckoning quotes Murray Rothbard and me in his
AOC’s Green New Deal Is Absolutely Absurd, but That’s the Washington Status Quo
This week Alexandria Ocasio-Cortez released a preliminary summary of her grand vision for a Green New Deal.
Why It’s Important to “Preach to the Converted”
"It is only in self-improvement that one can have any influence whatsoever on the improvement of others."
Crony Capitalism in Scientific Research
The government pays for it, but then a German publisher or a university likely owns it.