The standard line among the Great Reset crowd is that capitalism exploits poor nations and causes poverty. In reality, capitalism and free markets have reduced poverty around the world.
The relative lack of inflation in Japan doesn't mean real wages haven't fallen.
Once wealthy Argentina has suffered under one interventionist regime after another for nearly a century. What are the prospects for changing things for the better?
The Keynesians running our economic life may be reassured that the Fed cannot fail in a technical sense, but the public should be appalled.
During May 2022, year-over-year (YOY) growth in the money supply was at 6.97 percent. That's down from April's rate of 7.25 percent, and down from May 2021's rate of 15.4 percent. The growth rate peaked in February 2021 at 23.12 percent.
The relative lack of inflation in Japan doesn't mean real wages haven't fallen.
Tightening the interest rate hurts both bubble and solid businesses. The Fed should just focus on reducing the money supply.
The New York Times claims that the "administrative state"—that is, governance by unelected bureaucrats—protects our country and enhances democracy.
The West Indies played a vital role in growing the British economy in the eighteenth century.
