Let Unsound Money Wither Away
Joe Salerno provides a brief description of fractional reserve-banking, identifies the problems it presents in the current institutional setting, and suggests a potential solution.
U.S. Economy
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The Covid Depression and “Food Insecurity”
Despite the welfare state, hunger is no longer a widespread problem in America. But to keep the narrative going, “hunger” officially became “food insecurity.”
Lockdowns Haven’t Brought down Covid Mortality. But They Have Killed Millions of Jobs.
Strict lockdowns have devastated millions of families' incomes while failing to bring success in suppressing covid mortality.
The Right to Own a Gun Isn’t Just for Americans
Private firearms ownership decentralizes coercive power, transferring some of it from the state to the private individual. Naturally, political regimes oppose this. But even many non-Americans embrace private arms.
Another Pointless Antitrust Campaign by Federal Regulators
The feds claim the chicken industry is trying to exploit the consumer. Yet several decades ago, chicken was more expensive than beef, but thanks to industry efforts, chicken is exceptionally affordable now.
The Trillion-Dollar F-35 Fighter Program Does Not Make Americans Safer
The F-35 Joint Strike Fighter program is not worthy of a massive investment by the taxpayer—especially since the program doesn't make Americans any safer.
Three Barriers to Improving Poverty Rates in America
Government policy encourages single parent household formation while discouraging full-time employment and driving up housing costs.
Carter vs. Reagan: The Last Semi-Intelligent Presidential Race
Jimmy Carter doesn't get credit for his deregulation efforts, but his initiatives probably were as significant a boost to the economy as any president has accomplished since 1980.
The Fed Is Planning Another Ultralong Period of Ultralow Rates
The Fed plans to keep interest rates near zero, while monetizing debt, financing zombie companies, and pouring new dollars into the market. But that may not be enough.
