Causes of Uncontrollable US Public Spending and Debt
The US fiat monetary regime not only has given us inflation and boom-and-bust cycles, but it also is the main contributor to the out-of-control government spending and debt accumulation.
The US fiat monetary regime not only has given us inflation and boom-and-bust cycles, but it also is the main contributor to the out-of-control government spending and debt accumulation.
The US fiat monetary regime not only has given us inflation and boom-and-bust cycles, but it also is the main contributor to the out-of-control government spending and debt accumulation.
Systems do not collapse when they finally become unstable; they appear stable until the moment their failure can no longer be ignored.
We know that Q-Day is coming upon us when AI moves to another level and humans must make the adjustments. State-sponsored solutions will fail, and the only way forward is the free market.
In pursuing the so-called green economy, Great Britain’s Labour Government must resort to socialist planning and totalitarian propaganda.
Both progressives and conservatives show a complete unwillingness or inability to distinguish between those who got rich by genuinely creating value by serving others and those who are getting rich by expropriating wealth through force.
Political power over markets doesn’t just corrupt individuals—it corrupts the price system itself.
This is not a cycle of greed. It is spontaneous order doing what it always does: finding the path around the obstruction.
Chris Calton links California's housing crisis to three books published in the 1960s that spawned three ideological movements, each of which handed activists and bureaucrats new tools to block development and destroy private property rights one permit hearing at a time.
Peter Klein traces the ideological transformation of the UC system from a world-class research institution to a cautionary tale of government-subsidized capture.