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.
What might be the process of a society moving from being unfree to being free? Here is one scenario.
While Republicans have promised robust economic growth to accompany their tax cuts, reality has been different. That is because Republicans increased government spending at the same time, dragging down the economy.
On this episode of Power & Market, Ryan, Connor, and Tho break down a variety of headlines from the week, including bad inflation data, Trump's trip to China, Kevin Warsh's Senate confirmation, and the political theatre of Spencer Pratt and Zohran Mamdani.
While Republicans have promised robust economic growth to accompany their tax cuts, reality has been different. That is because Republicans increased government spending at the same time, dragging down the economy.
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.
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.
The recent death of Paul Ehrlich reminds us that his crackpot overpopulation theories still are with us, even as they are being regularly discredited.
The recent death of Paul Ehrlich reminds us that his crackpot overpopulation theories still are with us, even as they are being regularly discredited.
Every nation-state boundary was drawn by force. Should we treat them as sacred the same way we treat a house or factory? Rothbard says no, and proposes something more radical.