How ’Bout that Christmas Inflation?
This holiday season, it might be interesting to bring up the topic of “inflation.” A simple “how ’bout that inflation?” could lik
This holiday season, it might be interesting to bring up the topic of “inflation.” A simple “how ’bout that inflation?” could lik
Since 2019, the total national debt has increased by 25 percent, but interest paid on the debt has increased by 75 percent. More specifically, interest on the debt came in at nearly $573 billion in 2019, but it will top $1 trillion in 2024.
Never forget the Christmas truce of World War I, when troops refused to be pawns of empire for one blessed day.
It is no coincidence that the boom in mass-produced goods made specifically for children, "coincided closely with the rise of the middle-classes, industry, and capitalism."
Two days before Christmas, 1913, the infamous "creature from Jekyll Island," the Federal Reserve System, was birthed into our body politic. It has been devouring the economy ever since.
While upholding the radical ideal, Rothbard happily cooperated with anyone who wanted to limit government power, no matter how gradually. The perfect was never the enemy of the good in his mind; the good was always an improvement. He combined idealism with realism, scholarship with accessibility, and boundless curiosity with commitment to truth.
Some critics of the market claim that markets are effective only under the near-impossible conditions of perfect competition, among other criticisms. Deirdre McCloskey addresses these issues and more, as David Gordon points out in this review.
Jamaicans are willing to accept authoritarian behavior from the state in the name of rejecting colonialism.
Since government regulates nearly everything, it is not surprising that regulations often prohibit the sale and consumption of raw milk. Like many other regulations, these prohibitions reflect political favoritism, not health science.
Residential property taxes attack one of the most fundamental needs and assets in a person's life—i.e., housing—in a way the income tax does not. As the central bank's monetary inflation drives up home prices, property tax burdens increase as well.