Forget Jerome Powell's fanciful "soft landing" or the notion that the Fed can pull another rabbit from its hat. The banking system is headed for a crash and monetary authorities likely will make things worse.
With his current timid, weak, and prevaricating position on price inflation, Powell is positioning himself as the new Arthur Burns, who did nothing to end 1970s inflation.
When conservatives applaud unlimited war spending, they not only harm our economy and body politic, but they give the Left a powerful talking point.
Few people are aware of what the Federal Reserve System, acting on behalf of the U.S. Government, is doing to their money, writes Hans Sennholz.
For reasons familiar to any economist, American politics is a permanent duopoly in which neither party can gain a sustainable long-term advantage o
Were these cannabis-legal states to combine to form their own country, it would be the tenth-largest country in the world.
Conventional wisdom says a country should manage its debts, but what if debt has become uncontrollable?
US foreign policy is a morass of lobbying, payouts, decisions, and power plays that violates the standards this country claims to promote.
Governments never have respected rights of free speech. Today, they restrict freedom of speech and of the press and promote falsehoods in the name of "protecting truth."
You can only read so many books in a lifetime. How tragic it would be if among these the subject of liberty itself were neglected?
