Capitalism isn't unique to any particular group. People with the drive to save and invest have always existed; but the idea that this instinct was immoral had to be overcome for markets to flourish.
Whether today's Great Monetary Inflation (which began in 2011) will end with sustained CPI inflation remains a wide-open question at this point. Prices could be reined in as in the 1990s, or a 1970s-style inflation could still be in store.
Over the past 200 years, Europeans have held many elections to decide secession questions. In some cases, these votes were used in the creation of an entirely new sovereign state.
Just as Canada had the right to secede from Britain, so too do the provinces and territories have a right to secede from Canada. Today, secession may be Alberta’s remedy against the Canadian regime's abuses.
Biden's plan to give more money to Central American regimes will do nothing to compensate farmers, businessmen, and others still victimized by the US war on drugs.
Keynes's early critics repeatedly demolished Keynes's theories, pointing out countless fallacies behind the so-called "new economics." Yet Keynes and his theories only gained in popularity. Why?
Many factors help explain the rise of the West, including both decentralization and the embrace of laissez-faire. But Europe's unusual pattern of family formation is also a likely and important factor.
It's too late for American member states to assert real independence from the central government without facing an avalanche of legal, political, and even military opposition. Europeans would be wise to not put themselves in a similar position.
Just as Canada had the right to secede from Britain, so too do the provinces and territories have a right to secede from Canada. Today, secession may be Alberta’s remedy against the Canadian regime's abuses.
"For generations, the unmasking of such excuses for war and war making has been the essence of historical revisionism, or simply revisionism. Revisionism and classical liberalism, today called libertarianism, have always been closely linked."
