The central bank monetary shenanigans in both Europe and the US no longer can be ignored or covered up. Unfortunately, as their economies falter, the Fed and the European Central Bank will resort to even more financial trickery to cover for previous monetary foolishness.
Was Russia provoked into the war in Ukraine? Certainly. However, gaslighting was involved as well.
Frederic Bastiat is an often unsung hero of 19th-century economic thought. His lessons on freedom and trade are timeless and what he wrote nearly two centuries ago is still relevant today.
The New York Times recently ran a detailed report on US involvement in the Ukraine-Russia war and—surprise!—the Biden administration regularly lied to American voters about the extent of the US military presence.
Britain‘s new populist party, Reform UK, has done well in the polls but is embarking on head-scratching proposals to deal with energy issues. Instead of pushing market reforms, RUK is proposing a mix of subsidies, taxes, and prohibition to respond to high energy prices.
Portugal's Estado Novo regime under António de Oliveira Salazar was lauded by some classical liberals for allegedly saving the nation from socialism. However, as Paulo Ferreira writes, for all practical purposes it was a socialist government.
This week in Friday Philosophy, David Gordon reviews The Tariff Superstition: Why Protectionism Always Fails and Who Really Pays the Price by Marcel Kedosa, who levies devastating arguments against protective tariffs, sometimes using the same arguments used by Murray Rothbard.
It’s important to note that Sweden’s hate speech law is only a small part of the broader “Swedish system” and its democratic shortcomings.
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.
It seems that the EU leaders have decided on a new military spending spree. To pay for this, the EU will issue new war debt on top of its current high debt loads.
