The True Cost of War
This article delves into the real cost of war as explained by Joseph Salerno in his book Money: Sound and Unsound. Contrary to Keynesianism, war destroys wealth and destroys an economy from within.
This article delves into the real cost of war as explained by Joseph Salerno in his book Money: Sound and Unsound. Contrary to Keynesianism, war destroys wealth and destroys an economy from within.
While attempts to eliminate USAID are garnering a lot of publicity, the truth is that the foreign aid budget needs even more cutting than the Trump administration is willing to do.
Phasing out the Department of Education is a step in the right direction towards an increasingly market-oriented system of education.
Belief in the fairy tale known as Modern Monetary Theory not only is endemic in US academic and government circles, but is also making headway in Great Britain. We are being forced to learn all over again the lessons of inflation.
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Totalitarian bureaucracy necessitates a constant state of crisis and there is no better creator of crises than imperial machinations.
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While Elon Musk and his DOGE team have made some highly-publicized “cuts” in federal spending, much of the federal budget has been hammered in stone for a long time. It will take fundamental changes in spending patterns to make a real difference.
Great Britain‘s Labour government, since coming into power last year, has taken a number of measures that already are resulting in lowering the nation's standard of living.