Social democrats are so desperate to cast off limits on government that they'll embrace anything that justifies their ambitions. So they invent theories of money that are very, very wrong.
Postwar Germany was occupied, in ruins, with an economy in chaos. Germans were reduced to using cigarettes supplied by American GIs as money.
At a time when ethnic politics were tearing Europe apart, Ludwig von Mises believed that such ethnic devotion did more harm than good.
The East German secret police, the Stasi, developed the art of mass surveillance using pre-digital methods. Modern tech now makes the job a lot easier.
Despite the rhetoric we hear from mainstream media organizations, its coverage of the Ukraine war borders on outright propaganda.
All the money printing has created a recovery where the United States has seen twenty-six consecutive months of negative real wage growth. We have not seen such a negative recovery for American workers in decades.
Government statistics on inflation in the food sector have failed to account for skimpflation and shrinkflation.
Like many colonial ventures, Belgium's involvement in the Congo had some successes—and many failures.
Socialists and communists claim to support the rights of "indigenous" peoples. However, that support rings hollow given how the USSR abused the native peoples of Siberia, all while American socialists and communists uncritically supported the Soviet Union.
It's fitting that the G7 recently met in Hiroshima because the policies they are following are blowing up the world economy.
