SVB’s Failure Is Not an Excuse for More Regulation
While Elizabeth Warren and others are waving the bloody shirt for more bank regulation, the problem is that bank regulations themselves are creating financial instability.
While Elizabeth Warren and others are waving the bloody shirt for more bank regulation, the problem is that bank regulations themselves are creating financial instability.
Like Bentham's panopticon, modern cancel culture is built upon fear and online bullying, making people police their own thoughts.
Violent crime is on the rise in Canada, and its progressive democracy is helpless to stop it. Further empowerment of the state makes things worse.
While progressives are claiming the collapse of Silicon Valley Bank was due to poor regulation, the real problem is the easy money policy of the Fed.
Political money is unsound money, and while civilization cannot exist without sound money, it can do without predatory government.
Democratic politicians and supporters are cheering the Trump indictment, but the entire process has been so politicized that its legitimacy is easily called into question.
Philosopher Susan Neiman may be a leftist, but she recognizes the dangers of woke progressivism.
Robert Mugabe, once president for life of Zimbabwe, became infamous for hyperinflation and political repression. Today, he is becoming the patron saint of central banking.
Some economists have tried to apply psychology to economic analysis, but psychology is not what drives economic activity.
Elizabeth Warren blames lack of regulation for the latest banking crisis. But she believes that the easy money regime that is really causing the crisis is perfectly fine.