Jonathan Newman joins Ryan McMaken to talk about the history behind the myth of "Fed independence." The Fed has never been politically independent of the US government, and it has enthusiastically helped fund the US government both in wartime and in peacetime.
Tom Paine is one of the forgotten names of the American Revolution, but it can be argued that no other man was as important in galvanizing the thoughts of American colonials toward independence.
Mark Thornton discusses a lesser-known factor in the American Civil War: the Confederate “impressment” policy and its impact at Vicksburg.
The simple narrative today of the southern secession in 1860 and 1861 is that the southern states believed that the institution of slavery was being threatened, so they left the union. However, the real causes are more complex and do not fit any preconceived narrative.
MMT and chartalism claims that money is a creature of the state and is valued because of state action. The fact that tobacco acted as colonial money independently of the state demonstrates this to be false.
Rumor has it that the Federal Reserve was able to resist the president‘s demands to enable funding of the Korean War. However, a look at the record demonstrates conclusively that the Fed bowed to Harry Truman‘s wishes to do what it has done for a century: finance America‘s wars.
The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but much lesser known is the enslavement of Native Americans. Many of them were shipped to plantations in the Caribbean where they were worked to death.
We know what happened on November 22, 1963, at Dealey Plaza in Dallas, but there is a lot about that terrible day we don't know.
We know what happened on November 22, 1963, at Dealey Plaza in Dallas, but there is a lot about that terrible day we don‘t know. But we also know that President Kennedy challenged the National Security State. Did it cost him his life?
From Reconstruction to George Floyd, the left‘s guilt industry has run at full speed. As Murray Rothbard wrote, it is time to stand up to those that use guilt as a social weapon.
