Biggar Thy Neighbor
Is there a case for an American empire? Professor Nigel Biggar of Oxford University believes so, but David Gordon sets him straight.
Is there a case for an American empire? Professor Nigel Biggar of Oxford University believes so, but David Gordon sets him straight.
The Fed claims 2 percent inflation promotes "price stability." However, that policy also causes the boom-and-bust cycle, which is anything but stable.
Some claim that slavery was the main reason for the success of the Industrial Revolution in Great Britain, but the answer lies elsewhere.
Leonard Read had much to say about how socialism already was entangled in our economic and social order.
Central banks claim that their main purposes are to help an economy maintain high rates of employment and price stability. Ironically, they claim to do this through inflation targets.
Any political statement made today, by any politician or candidate, can be answered thus: "We don't believe you."
The current bout of inflation is the latest disaster in a string of disasters caused by government debasement of once sound money.
Standard neoclassical definitions of money call it a means of exchange and a store of value. But is this correct?
Barack Obama promised to "end child hunger" by 2015. Michelle Obama promised to end childhood obesity. Unfortunately, both increased in large part because of the Obama programs. Today, President Biden will declare war on "hunger in America." Stay tuned.
President Biden's recent student loan forgiveness initiative only exacerbates the real problem: the cost of a college education, thanks to government intervention, is outrageously high.