Money and BanksMoney and Banking
Jerome Powell has lost his faith in a new surge in economic growth. So, it's back to endless stimulus to keep the current cycle going.
Book ReviewsTaxes and SpendingOther Schools of Thought
In the words of Henry Hazlitt, "ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors."
Just as unilateral free trade results in a more solid economy for the countries that adopt it — even within an international economy of protectionism in other countries — so would a commodity-money based economy surrounded by fiat-money economies.
Financial markets are neither perfectly efficient, nor animally spirited, but eventually adjusting.
The number of jobs that require an occupational license now covers 30% of the US workforce, up from 5% in 1950.
Decentralization and SecessionWorld History
In order to destroy the Republic in favor of empire, the new Roman dictators systematically dismantled the Republic's system of local autonomy and self-rule.