Intermediate

Having given a harsh review to Leonard Peikoff’s Ominous Parallels four decades ago, David Gordon revisits the book.

The proposed central bank digital currencies are not a new and convenient high-tech form of money. Instead, they are yet another power grab by government authorities, continuing the shameful history of government corruption of money.

Two nations famous for hyperinflation now look to create a common currency. Unless that currency is gold, this is a bad idea.

China has created a crackdown cycle that is hurting the entrepreneurial spirit.

While President Joe Biden's White House continues to give happy talk about the economy, some major economic storm clouds are brewing. The future does not look good.

For nearly three decades, the Japanese economy has slowly imploded under low interest rates and heavy government debt. It may soon be time to pay the piper.

One of the modern progressive buzzwords is "stakeholder capitalism," in which people with no direct connection to a firm somehow have a "stake" in what the firm does. It is an incoherent term.

The empty shopping mall: a story of how government actions created a huge malinvestment in western Pennsylvania.

These days, the Fed and Chairman Jerome Powell are claiming the title of "inflation fighters." The more appropriate moniker should be "inflationists."

As Murray Rothbard wrote, inflation is not an increase in prices. It is, instead, an increase in the supply of money in circulation. The distinction is important.