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CapitalismThe EntrepreneurWorld History
While Japan made some technological transfers to these places, prosperity came to them later, with the advent of free-market economies.
Central BanksInflationWorld History
A century ago, Argentina was one of the world's wealthiest nations and the Argentine peso rivaled the dollar. Today, Argentina is famous for periodic hyperinflation.
Money and Banks
The combination of higher rates and declining optimism about the economy, plus slumps in equity, private investments, and bond valuations, is going to inevitably lead to a massive crunch in access to credit and financing.
Big GovernmentThe Police StateWar and Foreign Policy
Another mass shooting, another call for gun control. However, when it comes to mass killings, Washington sets the sorry example.
Media and CulturePhilosophy and MethodologySubjectivismValue and Exchange
Modern Western culture is dominated by demands for "social justice." But how does one even define this term, and does social justice even produce justice in the end?
Bureaucracy and RegulationU.S. EconomyInterventionism
It is the right of the consumer, not the regime, to determine what lighting sources work best for them.
Central BanksGlobal EconomyMonetary PolicyWar and Foreign Policy
As the US government debases the dollar, other nations take notice and possibilities increase that another currency based on sound principles might emerge.
Taxpayer-funded company Dominion is suing private parties for saying things the company doesn't like. These lawsuits illustrate how defamation laws can be used to destroy free speech.