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The “Barbarous Relic” Helped Enable a World More Civilized than Today’s
John Maynard Keynes derided gold-based money as a "barbarous relic," yet it was gold that enabled a long regime of honest money -- and the advance of civilization.
Capitalism Does Not Create Social Inequality
Critics of capitalism claim that it is responsible for creating inequality in society. Yet the precapitalist societies enforced inequality in a rigid social structure.
Governments Policies Channel Heraclitus, Not Einstein
When speaking of government actions, Einstein's alleged definition of insanity comes to mind. But no one does exactly the same thing twice, per Heraclitus. In the end, however, government action is doomed for failure.
Historical Christianity as a Liberating Force in China
The Chinese Community Party's crackdown in Christian churches reflects the perceived antiauthoritarian nature of Christianity and the party's fear of a competing alternative worldview.
Secession: Why the Regime Tolerates Self-Determination for Foreigners but Not for Americans
Self-determination means the ability to make laws for one's own community free from intervention by Washington, DC. Most of the world can do this. Why can't Americans?
One Expensive Christmas
This Christmas, try to remember there’s poverty and then there’s “poverty.” In America millions of people have fallen on hard times as their saving
The Corporate Fairy Tale Is Dying as Economic Reality Sets In
For nearly two decades, business, academic, and political elites have spread the fiction that central banks can engineer prosperity by printing more money. Markets now are discrediting that fairy tale.
The World Needs More Energy and Less Energy Regulation
Energy production in the USA and elsewhere is in trouble because of government control. We need more energy and less regulation.
History Shows High Inflation Can Last Over Ten Years
Wall Street has convinced itself that the Fed will soon engineer a "soft landing" by bringing down inflation without an accompanying recession. They need to rethink their beliefs.