Puerto Rico Parallels with Venezuela
PR’s current and past governance and economic struggles like Venezuela’s serve as a warning that socialism—in its many forms, and its attendant bankruptcy—is on the US mainland doorstep.
PR’s current and past governance and economic struggles like Venezuela’s serve as a warning that socialism—in its many forms, and its attendant bankruptcy—is on the US mainland doorstep.
Hans Hoppe recently criticized Argentina‘s President Javier Milei for not closing the country‘s inflationary central bank. In response, Milei claimed that doing so would result in hyperinflation. Given the central bank prints lots of pesos, shutting it obviously would decrease inflation.
Following last week‘s air crash in Washington, the FAA is receiving extra scrutiny. The real problem with the FAA, however, is that it is a political entity, which means that political goals will determine its capital structure and hiring practices.
The main issue with the federal government’s attempts to regulate the environment is that—as with all things in which the federal government—there is a large degree of corruption, inefficiency, and overall impracticality inherent to their approaches.
Third World economies rarely operate on trust, which inhibits capital development and other important ingredients for economic growth. Is that a case of personal morality or do the monetary systems play a role?
Higher education has managed to con huge numbers of young people to take out six-figure loans in order to have the “college experience.” However, the so-called benefits to college are turning out to be a chimera, all funded by increasing indebtedness.
Despite the claims of “national security needs,” the reason for these dangerous flights is to serve as a mundane air taxi provision for DC’s political elites.
President Donald Trump has openly called for the US to annex Greenland. However, Greenland‘s residents don‘t want to be part of the US empire. Unfortunately, this is another chapter in the sorry history of US acquisitions.
Ryan McMaken and Heather Carson discuss how homeschooling is a way to resist and sabotage the many ways the state centralizes power and destroys private institutions.
California politicians are in a state of denial as deadly wildfires burn out of control throughout the state, the latest being in Los Angeles. Their denialism in the face of real facts shows that California politically has become La-La Land.