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stimulus checks

What the Technocrats Call "Economic Stability" Is Really Just Inflation

Book ReviewsInflationUnemploymentCapital and Interest Theory

Blog11/10/2023

Biden administration cheerleaders such as Paul Krugman claim that inflation is under control and that unemployment is falling. The numbers tell a very different story.

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american flag with dollar bills

Exposing Our Fed-Driven Bubble Economy

Booms and BustsThe FedInflationKeynes

Blog11/10/2023

The US economy has deteriorated into little more than a series of asset bubbles driven by the inflationary policies of the central bank.

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positive graph

These Four Things Are Keys To Building the Wealth of Nations

CapitalismEconomic FreedomGlobal EconomyWorld History

Blog11/10/2023

Humanity progressed very slowly from the fall of the Roman Empire to almost the nineteenth century. Then came the Industrial Revolution, which changed everything.

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jay

The Fed Has No Plan, and Is Just Hoping for the Best

Money and Banks

Blog11/09/2023

Contrary to the longstanding myth of Fed independence and political neutrality,  the Fed is a deeply political organization committed to kicking the can down the road to get the regime through just one more election without a fiscal or monetary disaster. 

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exception

False Virtue: The Life and Death of "American Exceptionalism"

Money and BanksWar and Foreign Policy

Blog11/09/2023

American exceptionalism, the “treasury of virtue,” has always been the moral cover for all of this greed, racism, barbarianism, and worse. The good news today is that it is hard to think of anyone with a sound mind who would sincerely believe this any longer.

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alarm clock

Time Preference Is the Key Driver of Interest Rates

Capital and Interest TheoryOther Schools of ThoughtPhilosophy and Methodology

Blog11/09/2023

Forget the other mainstream explanations for interest. Time preference explains this phenomenon and gives a true picture of why interest exists in the first place.

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health insurance form

Individual Health Insurance Mandates Are Mandates, Not Taxes

Big GovernmentBureaucracy and RegulationProgressivismTaxes and Spending

Blog11/09/2023

When the Supreme Court ruled that Obamacare mandates really are taxes, it twisted logic into a pretzel. Forcing people to pay for health insurance is still a mandate.

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Israel and Hamas flags

Statist Ideology and War: Israel versus Hamas

Big GovernmentThe Police StateWar and Foreign Policy

Blog11/08/2023

As this author previously has noted, the ideology of statism is responsible for much of the violence that plagues the world. We see this played out in Israel's aggressive retaliatory attacks in Gaza in response to the October 7 killings by Hamas.

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