Persistently loose monetary policies always have negative growth and distributional effects that impair political stability. In extreme cases, there are civil wars and armed conflicts between countries.
It is impossible to grasp the idea of sound money without realizing that it was devised to protect civil liberties against state despotism.
In the final days of the Soviet Union, the Washington establishment was convinced nationalism was a greater threat than Soviet despotism. Thus, George Bush tried to prop up the USSR and prevent Ukrainian secession.
With inflation still near forty-year highs, this is the thirteenth month in a row during which earnings have fallen behind price inflation.
The SCOTUS decision on abortion isn't really about the legality of abortion in America. It's all about how far you have to drive to get one. But many progressives can't stand that people have different values in different places.
Johnny Vedmore discusses his masterful article on Klaus Schwab's mentors, including Henry Kissinger and John Kenneth Galbraith.
In the final days of the Soviet Union, the Washington establishment was convinced nationalism was a greater threat than Soviet despotism. Thus, George Bush tried to prop up the USSR and prevent Ukrainian secession.
Among the states that performed the best during the pandemic were lockdown-light states like Utah and Florida. Among the states with the worst outcomes were lockdown-heavy California, New Mexico, New Jersey, and New York.
Elon Musk just bought Twitter, and Twitter's most active users—a group composed largely of mainstream journalists—can't stand the idea that a social media platform might actually tolerate dissenting voices.
His emphasis on property, capital, entrepreneurship, and above all, his commitment to human action and not government action, makes his long-forgotten work on economics worthy of a revival.
