Money laundering is illegal in the USA, but like so many other federal crimes, it is difficult to identify and define. That is the perfect recipe for government abuse of innocent people.
As inflation ravages the economy, easy money is disappearing, with political and legal consequences to follow.
Long before there was the infamous German inflation of 1923, the Reichsbank created the scenario of monetary debasement.
Massachusetts voters approved yet another tax hike for high-income residents, while California voters rejected a similar proposition. The current tax fever does not bode well for economic growth.
Biden wants to roll out yet another "assault" weapons ban. Supporters claim it will reduce crime, but it will do no such thing.
Politicians calling for student loan forgiveness or free college tuition have failed to understand the larger consequences of unlimited student lending. Henry Hazlitt would have understood.
Is there a case to be made for universal basic income? David Gordon examines the pro-UBI arguments by philosopher Matt Zwolinski.
Supporters of US microchip policy against China claim the policy is "strategic," but in reality, it is old-fashioned protectionism with all the usual economic damage.
Governments are demanding there be "proportional" representation of women in professions that women historically have avoided. Those efforts will be unsuccessful.
The Pilgrims tried socialism at Plymouth. After two years, they returned to private enterprise. Likewise, Israel was founded as a socialist state but has back turned toward free markets.
