U.S. History

With his current timid, weak, and prevaricating position on price inflation, Powell is positioning himself as the new Arthur Burns, who did nothing to end 1970s inflation. 

Real deflation—both monetary inflation and price inflation—is necessary, and that can only be accomplished if the Fed can resist the temptation to keep doing what it's been doing since 2008.

Juneteenth is an example of a fiat holiday, imposed upon the nation by an imperial city to promote a specific cultural agenda.

Though Kuttner thinks the New Deal a great success, he himself lays out some of its many problems.

Progressives have long pushed for a state dominated by a new class of "scientific" experts who are supposedly nonpolitical and pursuing only "good government." It's a fantasy many people still believe. 

Ignorant politicians who create no wealth can only impede great visionaries like Henry M. Galt from creating wealth with monetary chicanery, antitrust litigation, labor laws, and other regulatory measures.

Leftist regularly accuse capitalism of depending upon racism for its existence, but history tells a much different story.

Since the state is incorrigible and incapable of being reformed, perhaps the best way to deal with government predations is to boycott the elections.

Leftist regularly accuse capitalism of depending upon racism for its existence, but history tells a much different story.