Podcast

More than forty years ago, California voters enthusiastically passed Proposition 13, which limited property tax hikes. Politicians have been lying about it ever since.

Government economists "seasonally adjust" data in order to better respond with policy recommendations to deal with business cycles. The problem is that government causes the cycles.

While we speak of a desire for honest money, the larger problem is that the Federal Reserve System cannot coexist with an honest money regime.

Florida's government promotes a "shared adversity" plan in which individuals and organizations have distant environmental problems imposed upon them.

How big of a red wave is on the horizon, and how much does it really matter?

As the inevitable economic downturn becomes more evident, the Fed will attempt to stop deflation. But what this economy needs is a good dose of it.

The Gold Standard Restoration Act seeks to once again tie the US dollar to gold.

Progressives like Robert Reich now claim that there is no inflation, just businesses arbitrarily raising prices so they can increase profits. Such claims do not pass the test of economic logic.

Even with near-record inflation, the US dollar still has gained strength relative to other currencies. This does not mean that the Fed has been acting responsibly.

In a free market, short-term and long-term rates would move toward convergence. Fed interference with interest rates ensures that won't happen.