Rest in peace, "technolibertarianism." There was a time when many believed tech entrepreneurs would usher in a new era of freedom. Unfortunately, the new tech elites are technocratic collaborators with the regime.
Notice how we're told the Fed is the entity that fixes the economy by disinflation, but they never admit it is the Fed that first broke the economy by causing inflation in the first place.
While the Biden White House claims we are on a steady course of prosperity, the more realistic future is that of a global recession.
As the Biden administration continues to inflate the dollar, other nations are questioning the existence of the petrodollar.
Income can never be equal. Income must be considered, of course, in real and not in money terms; otherwise there would be no true equality. We publish this in honor of what would have been Murray Rothbard's 97th birthday.
When we see real bipartisan action in Congress, it usually is for the worst.
At the heart of Keynesian business cycle theory is the so-called liquidity trap. Contra Keynes, however, economies don't falter because a sudden increase in the demand for money.
We can be sure that the "natural elites" of which Hans Hoppe wrote are not among the Davos crowd. That group of "elites" has an agenda, and it is not liberty and free markets.
In the name of "equity," the two most prestigious law schools in the country are changing the rules of admission and more.
Mises in 1926: Public opinion always wants "easy money," that is, low interest rates. But it is the very function of the note-issuing bank to resist such demands, protecting its own solvency.
