U.S. History

Academic historians of the "acclaimed" new history of capitalism have a major weakness: their claims do not match the historical record.

This is the "American dream" the Fed has given us: work more jobs and longer hours to keep paying those bills that are now growing at 8 percent per year.

More than thirty years ago, Japan Inc., seemed like a global economic juggernaut. Today, no country fits that category, thanks to massive government spending and economic intervention.

The modern progressive narratives claim that the wealth of the West and especially of the USA was built upon the backs of slaves. In fact, slavery retarded economic growth.

In this politicized age, being an American means little more than being subject to the federal government. Yet, as Rothbard noted, we are not "the government," but rather people who are part of like communities, which we should celebrate.

While identity politics based on race and gender dominate the political landscape, we forget that class interests can be a powerful tool to bring people together for a cause.

Joe Biden says the pandemic is over in an attempt to get a few more votes. But the administration certainly isn't acting like the "pandemic is over" in terms of actual policy.

Joe Biden says the pandemic is over in an attempt to get a few more votes. But the administration certainly isn't acting like the "pandemic is over" in terms of actual policy.

US central bankers are guilty of much, but it's not their fault that central bankers elsewhere are so often even worse and have made their currencies weak compared to the dollar. 

"Our welfare spending is probably the highest in the world. It is only “laissez-faire” in the sense that we have ... a very large charitable sector as well."